The \u201cliving\u201d part of the term, \u201crevocable living trust\u201d signifies that the trust was drafted while the settlor was alive. This concept can also be described by the term \u201cinter vivos.\u201d The \u201cliving\u201d element of the trust is that it is not \u201ctestamentary,\u201d which means that a trust was created under a will, or arose (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" In an interview for Stretcher.com, Attorney Andrew Hook explains the meaning of a revocable living trust by dividing the term into its main parts: \u201crevocable,\u201d \u201cliving\u201d and \u201ctrust.\u201d He describes a revocable living trust as a legal agreement in which…<\/span><\/p>\n