A trust created by the grantor (settlor) and effective during the grantor's lifetime-that is, a trust not established by a will-is called a(n)_____ trust.

Name: A trust created by the grantor (settlor) and effective during the grantor's lifetime-that is, a trust not established by a will-is called a(n)_____ trust.
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An inter vivos trust is a trust that is created by the grantor during their lifetime, as opposed to a testamentary trust, which is created upon the grantor's death through their will.

A Trust Created by the Grantor (Settlor) and Effective During