Blacks Law 5th Edition: Totten Trust
Totten trust. A revocable trust created by
one's deposit of money in one's own name as
a trustee for another. — A Totten trust is
commonly used to indicate a successor to the
account without having to create a will. -
Also termed tentative trust; bank-account
trust; savings-account trust; savings-bank
trust.
Printed copy · Anthology Volume 1, page 379Printed copy from The Tender For Law Anthology, Volume 1, page 379 (printed 14 June 2014). Added by this site; not part of the Facebook export.