Inter Vivos Transfer

An inter vivos transfer is a transfer of property made during a person's lifetime.  It can be contrasted with a testamentary transfer, which is a transfer made in a will after death.  A revocable trust is considered an inter vivos transfer even though the benefit of the trust is not enjoyed by the beneficiary until after the death of the donor because legal title is transfered at the time the trust is created.

 

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