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  2. Totten trust - Wikipedia

    en.wikipedia.org/wiki/Totten_trust

    The name is derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the New York Court of Appeals which established the legality of this practice. Although this method of creating a trust did not meet the formal requirements of trust creation, or the testamentary formalities required to make a valid will, the Court noted that such an arrangement typically involved a small ...

  3. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    When titling property or otherwise referring to an existing trust, practitioners persist in referring to trusts as "Tr. u/a" (trusts under agreement, i.e., inter vivos trusts) or "Tr. u/w" (trusts under will, i.e., testamentary trusts). Industry convention is for the settlor's name to appear in the title.

  4. List of banks (alphabetical) - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_(alphabetical)

    Asset. allocation; management; Automated teller machine; Bad debt; Bank regulation; Bank secrecy; Asset growth; Capital asset; Cash; Climate finance; Corporate finance

  5. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    The treatment of a brokerage account based IRA as a trust for tax purposes is largely a legal fiction. If Article 8 is set aside and the brokerage account is considered purely under principles of common law , there is a possibility of construing the collection of brokerage accounts in the intermediated custodial holding chain as a collection of ...

  6. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    The date the trust was created; The name of the trust; The name and particulars of the trustee; The governing law of the trust; For the avoidance of any doubt, the regulator does not require particulars of the Settlor, the Beneficiaries and details of the trusts. Neither does the regulator store in any way the trust deed.

  7. The FDIC change that leaves wealthy bank depositors ... - AOL

    www.aol.com/finance/fdic-change-leaves-wealthy...

    Trust accounts provided a loophole to insure more than $250,000. Under the old FDIC rules, each beneficiary of the trust would get $250,000 in insurance protection. So, for example, if the trust ...

  8. Are Credit Unions FDIC Insured? The Safety of Credit Union ...

    www.aol.com/credit-unions-fdic-insured-safety...

    Revocable trust accounts. Irrevocable trust accounts. Suppose someone has an individual account of $50,000, a joint account of $200,000 and a Roth IRA of $250,000. ... I asked 5 food pros to name ...

  9. Trust company - Wikipedia

    en.wikipedia.org/wiki/Trust_company

    A trust company can be named as an executor or personal representative in a last will and testament.The responsibilities of an executor in settling the estate of a deceased person include collecting debts, settling claims for debt and taxes, accounting for assets to the courts and distributing wealth to beneficiaries.

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