"Totten trust" meaning in English

{
  "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",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Totten trust (plural Totten trusts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
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        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
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          "source": "w"
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          "langcode": "en",
          "name": "Law",
          "orig": "en:Law",
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            "Justice",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "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",
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "trust",
          "trust"
        ],
        [
          "settlor",
          "settlor"
        ],
        [
          "money",
          "money"
        ],
        [
          "bank account",
          "bank account"
        ],
        [
          "security",
          "security"
        ],
        [
          "beneficiary",
          "beneficiary"
        ]
      ],
      "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": [
        "Totten trust"
      ]
    }
  ],
  "word": "Totten trust"
}

{
  "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",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Totten trust (plural Totten trusts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
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      ],
      "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."
      ],
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "trust",
          "trust"
        ],
        [
          "settlor",
          "settlor"
        ],
        [
          "money",
          "money"
        ],
        [
          "bank account",
          "bank account"
        ],
        [
          "security",
          "security"
        ],
        [
          "beneficiary",
          "beneficiary"
        ]
      ],
      "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."
      ],
      "topics": [
        "law"
      ],
      "wikipedia": [
        "Totten trust"
      ]
    }
  ],
  "synonyms": [
    {
      "word": "Payable on Death account"
    },
    {
      "word": "poor man's will"
    },
    {
      "word": "tentative trust"
    }
  ],
  "word": "Totten trust"
}