Inter Vivos Trust

Inter Vivos Trust

Description and Definition of Inter Vivos Trust

A lifetime trust. An Inter Vivos Trust is created during the lifetime of the benefactor, as opposed to a testamentary trust that is created after the death of the benefactor. If irrevocable, income on the trust principal is shifted to the trust beneficiaries.


See Also

Further Reading

Leave a Reply

Your email address will not be published. Required fields are marked *