Inter vivos (Law Latin, between the living) is a legal term referring to a transfer or gift made during one's lifetime, as opposed to a testamentary transfer that takes effect on the death of the giver.
[1] The term is often used to describe a trust established during one's lifetime, i.e., an inter vivos trust as opposed to a testamentary trust that is established on one's death, usually as part of a will.
An inter vivos trust, by definition, includes both revocable and irrevocable trusts.
[2] The term inter vivos is also used to describe living organ donation, in which one patient donates an organ to another while both are alive.
This legal article about a Latin phrase is a stub.