What Does Living Trust Mean?

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What does Living Trust mean? Read on to discover the definition & meaning of the term Living Trust - to help you better understand the language used in insurance policies.

Living Trust

Living Trust

A living trust is a type of trust that a person sets up during their lifetime. When a person sets up such a trust, they put a number of assets into it, which will then be managed by a trustee.

We hope the you have a better understanding of the meaning of Living Trust.

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