Totten trusts

A form of Totten trust — 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.

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Meanings

noun
  1. pluralplural of Totten trust
Cite this entry
APA

Totten trusts. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Totten%20trusts

MLA

“Totten trusts.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Totten%20trusts. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “Totten trusts,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Totten%20trusts.

Source: Totten trusts on Wiktionary, CC BY-SA 4.0.