Inter vivos trust
An inter vivos trust is a trust that is created durring the lifetime of the settlor. An inter vivos trust is revocable. An inter vivos trust can be distinguished from a testamentary trust.
Definition from Nolo’s Plain-English Law Dictionary
The Latin name for a living trust. "Inter vivos" is Latin for "between the living."
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:18 pm
