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World English Dictionary
Dictionnaire Français
living trust
liv·ing trust
(
plural
liv·ing trusts
)
noun
Definition:
trust effective before death:
a trust that is in operation during the lifetime of the person who establishes it
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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