In-kind is a distribution, or the substitution of goods or services in lieu of money. In-kind is commonly used in wills and trusts, as it empowers the executor or trustee to distribute property to beneficiaries. [Last updated in April of 2022 by the Wex Definitions Team] wex LIFE EVENTS financial events wills PROPERTY trusts, inheritances & estates family law legal education and practice property law wex definitions
