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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 50: Trusts and Wills
  5. Question
    The Characteristics of a Totten Trust Include
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The Characteristics of a Totten Trust Include

Question 64

Question 64

Multiple Choice

The characteristics of a totten trust include:


A) it is a joint bank account opened by the settlor of the trust.
B) it is tentative.
C) transfer of ownership is complete only on the depositor's death.
D) All of these.

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