Totten trust: Also referred to as a payable-on-Demise account, this trust is designed throughout the lifetime with the trustor, who also acts as being the trustee. It is frequently employed for bank accounts (Bodily assets can't be set into it). The big edge is that property within the trust steer https://www.google.com.ai/url?q=https://www.estateandtrustlawyer.com/orange-county-trust-administration/