living trust
Also found in: Thesaurus, Legal, Financial, Wikipedia.
Related to living trust: living will, Irrevocable trust
ThesaurusAntonymsRelated WordsSynonymsLegend:
Switch to new thesaurus
Noun | 1. | living trust - a trust created and operating during the grantor's lifetime trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father" |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.