| 单词 | living trust |
| 释义 | > as lemmasliving trust living trust n. Law and Finance (chiefly North American) a trust which is created during the lifetime of the settlor.Also known as an inter vivos trust (see inter prep. Phrases f). ΘΚΠ society > law > transfer of property > settlement of property > [noun] > putting property into trust > type of trust resulting trust1693 shifting use1765 passive trust1837 living trust1913 blind trust1969 1913 Trust Companies Aug. 105/2 It should appeal especially to men of means who are in the prime of life to set aside a part of their accumulations for the purpose of creating a ‘living trust’ with some reliable trust company. 1957 Financial Times 6 June 8/8 I have arranged three living trusts for the family with the Public Trustee by handing over a small part of their investments for him to manage. 2006 W. Sullivan Nothing Gold can Stay xx. 194 In an effort to avoid estate taxes and the expense of probating our wills, [we] divided our assets and put half in a living trust for her, half in a trust for me. < as lemmas |
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