Legal Definition and Related Resources of Living Trust

A living trust is a written agreement under which the donor sets apart a certain portion of his estate , giving up his own income prospects from those assets . The trustee is instructed to pay the income to others as directed. Also called an inter vivos trust.

Browse or run a search for Living Trust in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Living Trust in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Living Trust in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Living Trust in the Legal Abbreviations and Acronyms Dictionary.

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Meaning of Living Trust in the U.S. Legal System

Definition of Living Trust published by the National Association for Court Management: A trust set up and in effect during the lifetime of the grantor. Also called inter vivos trust.

Concept of Living Trust in the context of Real Property

A short definition of Living Trust: A trust which is in effect during the life of the settlor, rather than upon his death (testamentary trust).

Concept of Living Trust in the context of Real Property

A short definition of Living Trust: A trust which is in effect during the life of the settlor, rather than upon his death (testamentary trust).