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living trust

/ˈlɪvɪŋ trʌst/ /ˈlɪvɪŋ trʌst/
noun
GeneralLegal
  1. 1 hayattayken kurulan tröst countable

Definition (English)

A legal arrangement where assets are transferred to a trustee to manage for beneficiaries during the grantor's lifetime and after death.

Example Sentences

  1. A living trust can avoid probate.
    Hayattayken kurulan bir tröst, tereke işlemlerine gerek bırakmayabilir.
  2. Setting up a living trust is a common estate planning tool.
    Hayattayken kurulan bir tröst oluşturmak yaygın bir miras planlama aracıdır.

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