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Inter-Vivos Trust
(redirected from Inter-Vivos Trusts)

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Inter-Vivos Trust
A trust into which the grantor deposits certain assets for the management by another party while the grantor is still living. That is, the inter-vivos trust is created and maintained before the grantor dies. Generally speaking, an inter-vivos trust exists to help avoid estate taxes after death and other taxes while still living. One may also set up an inter-vivos trust to facilitate long-term property management. It is also called a living trust.


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7) This duty runs to the entire group of interested persons, including estate creditors as well as beneficiaries of the estate and any inter-vivos trusts created by the decedent.
 
 
 
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