English dictionary
totten trust meaning and definition
Definition and meaning of totten trust at MeaningMonkey.org. totten trust meaning and definition in the English Dictionary.TOTTEN TRUST noun
Definition of Totten trust (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
Source: Princeton University Wordnet