Definition from Nolo’s Plain-English Law Dictionary
vee-vohs) Latin for "among the living." Inter vivos usually refers to the transfer of property during life, rather than after death through a will or other estate planning instrument. It may also refer to a trust created while living, rather than a trust that comes into being upon the trust maker's death.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:18 pm