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Tag Archives: Totten Trusts

EstatePlan5

Totten Trusts

By Meyer & Spencer, PC |

One way in which a person can pass on money held in bank accounts or brokerage accounts to his heirs is through the use of Totten trusts, also referred to as payable upon death accounts. A Totten trust is created when a person who owns a bank account names a beneficiary who will receive… Read More »

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