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Totten trust
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Found 1 items, similar to Totten trust.
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(WordNet)
Definition: Totten trust
Totten trust n : 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 [syn:
savings account trust
,
savings bank trust
,
trust account
,
trustee account
]
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Totten trust
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