What is another word for Clifford Trust?
Pronunciation: [klˈɪfəd tɹˈʌst] (IPA) 
The Clifford Trust is a legal arrangement used by many wealthy families to protect their assets and pass them down to future generations. However, there are several synonyms for this type of trust in the legal world including inter vivos trust, living trust and revocable trust. All of these trusts have the same purpose of protecting assets and ensuring the proper distribution of wealth, but they may have different nuances based on jurisdiction or personal preferences. Some other synonyms for grander trusts set up by corporations include charitable remainder trusts, corporate trusts, and pension trusts, but these aren't typically utilized in a family context.
