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Also available:
World English Dictionary
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inter vivos trust
in·ter vi·vos trust
(
plural
in·ter vi·vos trusts
)
noun
Definition:
finance
trust set up by living person:
a trust whose donor and beneficiaries are all alive. An inter vivos trust may be changed or canceled by its donor.
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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