Totten trust: Often known as a payable-on-Dying account, this trust is created in the course of the life time in the trustor, who also functions as being the trustee. It's normally useful for lender accounts (Actual physical assets cannot be put into it). The big benefit is assets while in https://www.google.com.ai/url?q=https://www.estateandtrustlawyer.com/orange-county-trust-administration/