Inter Vivos Trust

United States Tax Concept of Inter Vivos Trust

A lifetime trust. An Inter Vivos Trust is created during the lifetime of the benefactor, as opposed to a testamentary trust that is created after the death of the benefactor. If irrevocable, income on the trust principal is shifted to the trust beneficiaries.

Meaning of Inter Vivos Trust in the U.S. Legal System

Definition of Inter Vivos Trust published by the National Association for Court Management: Another name for a living trust.

Concept of Inter Vivos Trust in the context of Real Property

A short definition of Inter Vivos Trust: A trust during the life of the settlor rather than upon death. See also: Testamentary Trust.

Concept of Inter Vivos Trust in the context of Real Property

A short definition of Inter Vivos Trust: A trust during the life of the settlor rather than upon death. See also: Testamentary Trust.