| 单词 | revocable living trust |
| 释义 | revocable living trustDefinition An agreement expressing how an individual's property will be distributed and managed during their lifetime and after their death. The trust generally involves the grantor who creates the trust; the trustee who manages the property based on the terms of the trust; the beneficiary who will receive the funds or property from the trust. The trust is categorized as 'living' when it is created during the lifetime of the grantor. It is classified as 'revocable' when the grantor reserves the right to modify or even rescind the trust during their lifetime. |
| 随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。