living trust

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Noun1.living trust - a trust created and operating during the grantor's lifetime
trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"
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The revocable living trust provides for management of trust assets while the individual is living and provides for the disposition of these assets upon the individual's death.
The primary advantages generally attributed to the use of a revocable living trust, along with a second look at the will alternative, include:
Although having a will is far better than having nothing at all, a revocable living trust that you update regularly supercedes that.
The Horwitz-Bradley Revocable Living Trust, led by Merle Horwitz and Mary Bradley, and the Ronald Bloom Family Trust, led by Ronald Bloom, each acquired a half-interest in Boomerang Carwash at 1004 S.
Dover Investments Corporation (OTCBB:DOVRA) (OTCBB:DOVRB) announced today that it has received a proposal from The Lawrence Weissberg Revocable Living Trust, the Company's majority stockholder, to take the Company private in a transaction in which all stockholders of the Company (other than the Trust and others who join the Trust in taking the Company private) would receive $24.
David Liu and Helen Deng bought the house from the Formicola Family Revocable Living Trust, led by Thomas and Cynthia Formicola.
Fifteen percent of sales are from writing and processing revocable living trust documents for new clients.
The Moore Family Revocable Living Trust, led by Harold and Virginia Moore, acquired the house from Billy and Brenda Hartness.
New shareholders Number of Percent of shares 9,661,222 Revocable Living Trust of Alec E.
Hatcher Revocable Living Trust purchased the 314 Louisiana St.
27, 1996--An individual and class action has been commenced in the United States District Court for the Central District of California by plaintiffs Peter Kalmus, Leslie Rubell, Volunteer Limited Partnership, Hinton Family Revocable Living Trust, William Hirschberg & Elisa Hirschberg, Sigma Pairs, Jerry Karel, Karel Private Managers Fund Series TE, Karel Private Managers Fund, Western Hospital Corp.
The limited partnership bought the property for $625,000 in August 2002 from the Yelenich Family Revocable Living Trust, led by R.