Q: Years ago, my parents had a Totten Trust. Can Totten Trusts still be used in estate planning? A: Are you sure that they had a Totten Trust? The reason I ask is because Totten Trusts were kind of ...
A: I have to admit that I laughed a little when I saw this email. I haven’t thought about Totten Trusts in probably 15 years, and I haven’t actually seen a Totten Trust Designation since the 1990s.
Q. Say an account is jointly owned by a husband and wife and is payable upon death to the other spouse. Say the husband dies. The bank says the daughter is the successor trustee and the account goes ...
romantically involved. By 1990 (i.e., after the couple had known each other for about 10 years). Mr. Wess moved in with decedent and continued to live with her for another 10 years. According to Mr.
Joint revocable trusts, which are common in community property states like Texas, are the subject of ongoing debate. Courtesy / Getty Images/iStockphoto Revocable living trusts are often used as an ...
This item is openly available as part of an Open JSTOR Collection. For terms of use, please refer to our Terms & Conditions. The Yale Law Journal © 1904 The Yale Law ...
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