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Inter vivos trust

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Inter vivos trust
Definition:
A Trust created between living persons. Antithesis of a testamentary trust. ...

 


INTER VIVOS TRUST
is trust established between living persons. A TESTAMENTARY TRUST goes into effect once the person who set up the trust dies.
INVALID VOLUME ...

settlor An individual who creates an inter vivos trust. severability A clause in a contract that permits that any portion of the contract deemed...

as joint tenants" or "to AB and CD jointly" can be used in most jurisdictions. Words to that effect may be used by the parties in the deed of conveyance or other instrument of transfer of title, or by a testator in a will, or in an inter vivos trust ...

See also: Trust, Investment, Exchange, Cover, Index

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