Totten trust vs trustee account
trustee account vs Totten trustTotten trust and trustee account both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| Totten trust | Yes | No | No | No |
| trustee account | Yes | No | No | No |
As nouns,
Totten trust and trustee account
are synonyms defined as:
- Totten trust and 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
| Totten trust (noun) | trustee account (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 | 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 |
Words related to "Totten trust"
Words related to "trustee account"
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