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a trust that takes effect during the lifetime of the settlor.


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  • Living-wage

    noun 1. a wage on which it is possible for a wage earner or an individual and his or her family to live at least according to minimum customary standards. noun 1. a wage adequate to permit a wage earner to live and support a family in reasonable comfort

  • Living-will

    noun 1. a document instructing physicians, relatives, or others to refrain from the use of extraordinary measures, as life-support equipment, to prolong one’s life in the event of a terminal illness. noun 1. a document stating that if its author becomes terminally ill, his or her life should not be prolonged by artificial means, such […]

  • Livonia

    [li-voh-nee-uh] /lɪˈvoʊ ni ə/ noun 1. a former Russian province on the Baltic: now part of Latvia and Estonia. 2. a city in SE Michigan, near Detroit. /lɪˈvəʊnɪə/ noun 1. a former Russian province on the Baltic, north of Lithuania: became Russian in 1721; divided between Estonia and Latvia in 1918 2. a city in […]

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