What is another word for totten trust?
Synonyms for totten trust
tot·ten trust
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Wiktionary
Totten trustnoun
Synonyms:
tentative trust, Payable on Death account, poor mans willTotten trustnoun
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.
Synonyms:
Payable on Death account, poor mans will, tentative trust
Princeton's WordNet
savings account trust, savings bank trust, trust account, trustee account, Totten trustnoun
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
Synonyms:
trust account, savings account trust, trustee account, savings bank trust
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"totten trust." Synonyms.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.synonyms.com/synonym/totten+trust>.
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