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2. Custodial account - Wikipedia

   en.wikipedia.org/wiki/Custodial_Account

   A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]

3. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   The Code permits the use of such third parties to amend or alter even an irrevocable trust. [17] The trustee is to act in accordance with such powers unless "the attempted exercise is manifestly contrary to the terms of the trust or the trustee knows the attempted exercise would constitute a serious breach of a fiduciary duty that the person ...

4. Trustee - Wikipedia

   en.wikipedia.org/wiki/Trustee

   A trust can be set up either to benefit particular persons or for any charitable purposes (but not generally for non-charitable purposes): typical examples are a will trust for the testator's children and family, a pension trust (to confer benefits on employees and their families) and a charitable trust.

5. Can a Trustee Withdraw Money From a Trust Account? - AOL

   www.aol.com/news/trustee-withdraw-money-trust...

   Trusts can be a useful tool for estate planning when you want to leave specific instructions about how your assets should be managed during your lifetime and beyond. Part of creating a trust means ...

6. What happens to your investment accounts after you die? - AOL

   www.aol.com/finance/what-happens-to-investment...

   Trust account • 3 to 6 weeks for uncontested trusts • Up to several years if the trust is contested ... you can set up a trust to specify exactly how and when your children receive the money ...

7. If you want to help your kids bypass probate when you die ...

   www.aol.com/finance/want-help-kids-bypass...

   A trust can turn non-taxed accounts into taxable ones. However, you can make the trust itself the beneficiary, so that these accounts pass directly to your trustees without an IRS agent crashing ...

8. Totten trust - Wikipedia

   en.wikipedia.org/wiki/Totten_trust

   A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" 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. For example, a Totten trust ...

9. Does It Ever Make Sense to Name a Bank As Trustee of Your Trust?

   www.aol.com/finance/does-ever-sense-name-bank...

   A trust is an excellent way to bestow wealth, but disbursing money to your beneficiaries hinges on a crucial party: the trustee. Your trustee's financial knowledge, discretion and accountability ...