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Inter vivos trust

A Revocable trust created while the donor is still alive, to hold Property for the Benefit of another. also called Living trust.

Related Terms: 7 Benefit, Call, Cable, Living trust, Property, Revocable trust, Trust
Other Related Pages: Category: Law_and_Estate_Planning Starting With: I
Additional Related Terms: Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, Accidental death benefit, All-risks coverage, At risk