Business, 14.04.2020 18:43 joelpimentel

A customer wishes to open an account at a bank and name her son as beneficiary. She has $3,000 to deposit and wishes to maintain control of the account and be able to use the funds as she wishes. What type of account can be opened?
A. Totten trust account.
B. Testamentary trust account.
C. Intervivos trust account.
D. Living trust account.

Answers: 3

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A customer wishes to open an account at a bank and name her son as beneficiary. She has $3,000 to de...