What is another word for grantor trust?
Pronunciation: [ɡɹˈantɔː tɹˈʌst] (IPA) 
A "grantor trust" is a type of trust where the grantor (or creator of the trust) retains certain powers over the trust, such as the ability to amend or revoke the trust. There are a few synonyms for this term, including "revocable trust," "living trust," or "inter vivos trust." These terms all refer to the same type of trust, where the grantor maintains some level of control over the trust assets during their lifetime. Grantor trusts can be useful estate planning tools, as they allow individuals to transfer assets to beneficiaries while still retaining some control and flexibility.
