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Found 1 definition: totten trust.

totten trust top

[WORDNET DICTIONARY]

Noun totten trust has 1 senses

   totten trust(n = noun.possession) savings account trust, savings bank trust, trust account, trustee account - 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;
is a kind of trust


[RELATED WORDS]

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