NOUN
- a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
How To Use trust account In A Sentence
- The attorney was appointed executor and opened a "trust account" at a local bank. Christianity Today
- The final chapter further discusses some urgent problems to be solved when trust companies execute the new trust accounting policy and some problems to be solved in the future development.
- Sen. Byron Dorgan, D-N. D., used harsher language, saying the government "bilked" many trust account holders. WCAX - Local News
- Macdonald says he clearly never intended that these cheques be honoured as there was only R104000 left in his trust account by June 8.
- Yes, we will make the automatic monthly transfers to the tax accrual trust account and transfer that to the tax payment when it matures.
- We can even arrange for your bank to transfer funds from your account into the prearrangement trust account each month. NO BODY
- Yeske has mixed feelings about the trust accounts known as Uniform Gifts to Minors Act accounts.
- The defense also alleges that Cosby set up a trust account for Jackson in 1994 to pay for her schooling.
- In addition, in order to address the continued proliferation of thousands of new trust accounts caused by the "fractionation" of land interests through succeeding generations, the settlement establishes a $2 billion fund for the voluntary buy-back and consolidation of fractionated land interests. Secretary Salazar Urges Congress to Approve Settlement of Cobell Lawsuit on Native American Trust Management
- We can even arrange for your bank to transfer funds from your account into the prearrangement trust account each month. NO BODY