A Closer Look at the "Totten Trust" and Third Party Benefits

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Analyzing the remedies available to the beneficiary of a Totten Trust (for example one designated on a bank account as payee upon death of the depositor) where the Trust provision was illegaly disregarded, altered or otherwise thwarted.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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