living trust

noun

A legal document allowing an individual (the grantor or trustor) to protect their assets and direct their distribution after the grantor's death.

Similar
inter vivos trust
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Meanings

nounliving trust (plural living trusts)

plural living trusts

  1. trust lawA legal document allowing an individual (the grantor or trustor) to protect their assets and direct their distribution after the grantor's death.

Synonyms & antonyms

nouna trust created and operating during the grantor's lifetime

Similar
inter vivos trust
Broader
trust

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

living trust. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/living%20trust

MLA

“living trust.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/living%20trust. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “living trust,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/living%20trust.

Source: living trust on Wiktionary, CC BY-SA 4.0.