"Totten trust" meaning in All languages combined

See Totten trust on Wiktionary

Noun [English]

Forms: Totten trusts [plural]
Etymology: Derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the Court of Appeals of New York which established the legality of this practice. Head templates: {{en-noun}} Totten trust (plural Totten trusts)
  1. (law) A form of trust created where one party (the settlor 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. Wikipedia link: Totten trust Categories (topical): Law Synonyms: Payable on Death account, poor man's will, tentative trust
    Sense id: en-Totten_trust-en-noun-p5KeILiD Categories (other): English entries with incorrect language header, Pages with 1 entry, Pages with entries Topics: law

Inflected forms

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          "parents": [
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            "Society",
            "All topics",
            "Fundamental"
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          "source": "w"
        }
      ],
      "glosses": [
        "A form of trust created where one party (the settlor 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."
      ],
      "id": "en-Totten_trust-en-noun-p5KeILiD",
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        [
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        [
          "bank account",
          "bank account"
        ],
        [
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        ],
        [
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        ]
      ],
      "raw_glosses": [
        "(law) A form of trust created where one party (the settlor 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."
      ],
      "synonyms": [
        {
          "word": "Payable on Death account"
        },
        {
          "word": "poor man's will"
        },
        {
          "word": "tentative trust"
        }
      ],
      "topics": [
        "law"
      ],
      "wikipedia": [
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    }
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}
{
  "etymology_text": "Derived from Matter of Totten, 179 N.Y. 112 (1904), the case decided by the Court of Appeals of New York which established the legality of this practice.",
  "forms": [
    {
      "form": "Totten trusts",
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    }
  ],
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        "A form of trust created where one party (the settlor 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."
      ],
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        "(law) A form of trust created where one party (the settlor 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."
      ],
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        "law"
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      ]
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  ],
  "synonyms": [
    {
      "word": "Payable on Death account"
    },
    {
      "word": "poor man's will"
    },
    {
      "word": "tentative trust"
    }
  ],
  "word": "Totten trust"
}

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This page is a part of the kaikki.org machine-readable All languages combined dictionary. This dictionary is based on structured data extracted on 2024-12-15 from the enwiktionary dump dated 2024-12-04 using wiktextract (8a39820 and 4401a4c). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.