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What is a living trust?

Quick Answer

A living (inter vivos) trust is a legal entity created during your lifetime that holds your assets. You manage it as trustee while alive; on death, a successor trustee distributes assets to beneficiaries — bypassing probate.

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Warren Team
Updated December 21, 2025
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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