Living Trust

Revocable Trust - A Living Trust, also known as a revocable trust, is a legal entity created during the grantor's lifetime to hold and manage assets. It can be altered, amended, or revoked by the grantor at any time before their death, allowing flexibility in asset management and distribution.

Class Information

JSON JSON-LD OWL XML Markdown

Identification

Label (rdfs)
Revocable Trust
Preferred Label
Living Trust
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

Definition
A Living Trust, also known as a revocable trust, is a legal entity created during the grantor's lifetime to hold and manage assets. It can be altered, amended, or revoked by the grantor at any time before their death, allowing flexibility in asset management and distribution.
Examples
  • N/A

Translations

N/A

Class Relationships

Sub Class Of
Parent Class Of
  • N/A
Is Defined By
N/A
See Also
N/A

Additional Information

Comment
N/A
Description
N/A
Notes
  • N/A
Deprecated
False

Metadata

History Note
N/A
Editorial Note
N/A
In Scheme
N/A
Source
N/A
Country
N/A

Graph