Last Updated
：2025/11/22
Totten trust
Noun
Japanese Meaning
信託設定者が銀行口座や証券に資金を預け、設定者の死亡時にその口座の残高等があらかじめ指定された受益者に移転される仕組み、つまり一種の信託という解釈ができる。
（ plural ）
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(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.
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Totten trust
She named her sister as the beneficiary of her Totten trust, ensuring the bank account would pass directly to her upon death.
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She named her sister as the beneficiary of her Totten trust, ensuring the bank account would pass directly to her upon death.
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