Definition of Totten trust

1. Noun. A savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary.




Definition of Totten trust

1. Noun. (legal) A form of trust created where one party (the ''settlor'' of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. ¹

¹ Source: wiktionary.com

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Lexicographical Neighbors of Totten Trust

Torschlusspanik
Torsten Sjogren's syndrome
Tortricidae
Torulopsis
Torwali
Torx head
Tory
Torygraph
Toryism
Toryisms
Toscana
Toscanini
Tosk
Tosk dialect
Totenkopf
Totten trust
Tottenham
Tottori
Toulon
Toulouse
Toulouse-Lautrec
Tour
Tour de France
Tourette
Tourette's
Tourette's disease
Tourette's disorder
Tourette's syndrome
Tourette syndrome
Touretter

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