Inter vivos 2025

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The document is a General Form of an Inter Vivos Irrevocable Trust Agreement, outlining the terms and conditions under which a Trustor transfers property to a Trustee for management and distribution. It details the responsibilities of the Trustee, the disposition of income and principal during and after the Trustor's lifetime, powers granted to the Trustee, provisions for beneficiaries, and legal stipulations regarding the trust's irrevocability and governance. The agreement aims to ensure proper care and management of the Trust Estate for the benefit of designated beneficiaries.

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What does inter vivos mean?

Inter vivos is a Latin phrase which means while alive or between the living. This phrase is primarily used in property law and refers to various legal actions taken by a given person while still alive, such as giving gifts, creating trusts, or conveying property.

What is a synonym for the word interrelated?

affiliated allied correlated enmeshed interconnected intertwined interwoven joint like parallel.

What is another word for inter vivos?

Living wills, also known as inter vivos trusts, advance directives or health care directives, are documents that express preferences and desires regarding medical treatments of a person if they are unable to communicate their wishes due to permanent unconsciousness or an illness that is terminal.

What is a synonym for inter vivos?

Definitions of inter vivos trust. noun. a trust created and operating during the grantors lifetime. synonyms: living trust.

What is the difference between an inter vivos trust and an irrevocable trust?

A testamentary trust is irrevocable by definition, as it comes into being at the death of the grantor. A living person creates an Inter Vivos trust during that persons lifetime.

What is the difference between a living trust and an inter vivos trust?

A living trust (sometimes called an inter vivos trust) is one created by the grantor during his or her lifetime, while a testamentary trust is a trust created by the grantors will.

What is the meaning of inter vivos transfer?

An inter vivos transfer is a transfer of property made during a persons lifetime. It can be contrasted with a testamentary transfer , which is a transfer made in a will after death.

Inter vivos 2025

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