Inter Vivos Trust
It is refered to as a living trust which is formed and existing already when the person/trustor is living.
Inter Vivos Trust: Another name for a living trust.
Intestacy Laws: See descent and distribution statutes.
Intestate: Dying without a will.
Inter Vivos Trust
Another name for living trust.
Interlocutory
Provisional; not final. An interlocutory order or an interlocutory appeal concerns only a part of the issues reaised in a lawsuit.
inter vivos trust
n. a trust created by a writing (declaration of trust) which commences at that time, while the creator (called a trustor or settlor) is alive, sometimes called a "living trust.
See also: inter vivos trust living trust trust will
The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
For example, an inter vivos trust is one which the settlor sets up to take effect while he or she is still alive.
It can be contrasted with the testamentary trust, which is to take effect only upon the settlor's death.
Trusts which take effect during the life of the settlor are called inter vivos trusts. TOP Testator : A person who dies with a valid will. TOP Testimony : The verbal presentation of a witness in a judicial proceeding.
Inter Vivos:
Latin: from one living person to another living person. For example, an inter vivos trust is one which the settlor sets up to take effect while he or she is still alive.
Inure:
To take effect, to result; to come into operation.
Living trust - A trust set up and in effect during the lifetime of the grantor. (Also called inter vivos trust.)
Loose-leaf services -Loose-leaf replacement pages provided by a publisher in areas of the law where changes occur at a rapid rate.
: between living persons <an inter vivos transfer>
see also donation inter vivos at donation gift inter vivos at gift inter vivos trust at trust
compare causa mortis
Pronunciation'in-t&r-'vI-vOs, -'vE- ...
Living trust: A trust that is in effect while the maker of the trust is still alive, as opposed to a trust set up by a will. Also known as an inter vivos trust.
Testamentary trust
A trust which is to take effect only upon the death of the settlor and is commonly found as part of a will. Trusts which take effect during the life of the settlor are called inter vivos trusts.
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Inter vivos: (Latin: between living persons) An inter vivos trust is set up to take effect while the settlor is still alive (as opposed to a testamentary trust, which takes effect only on the settlor's death).
 See also: Inter vivos, Person, Trust, Law, Property
  
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