Assertion: trust | /r/Synonym | living trust
Facets:
Source sentences:
text: It is called a living trust because it is created while the property owner, or trustor, is alive.
text: Also known as a living trust, this trust has a duration that is determined at the time of the trust's creation and can entail the distribution of assets to the beneficiary during or after the trustor's lifetime.
text: If the trust is created while the grantor is still alive, it is called a living trust or an inter vivos trust.