Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun living_trust

1 sense of living trust

Sense 1
living trust, inter vivos 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")