A totten trust, also called “POD (Payable Upon Death) Account” is a revocable trust created during the lifetime of the settlor by depositing his or her money into an account or financial institution, typically in a savings account, in the depositor’s name as trustee for another. An individual or an entity can be named as beneficiary. Upon the settlor’s death, the money passes directly to the beneficiary and avoids probate. A totten trust can be revoked at any time as the gift is not completed until the settlor’s death. A totten trust is commonly used to indicate a successor to the bank account without having to create a will.
Agnieszka “Aga” Piasecka is a Wills and Trust Lawyer in Clearwater
Agnieszka “Aga” Piasecka is a Wills and Trust Lawyer in Clearwater, Florida with more than 18 years of experience. Aga speaks fluent Polish, Italian and English and is an Lawyer in Florida and Poland. Aga Piasecka obtained her Juris Doctorate Cum Laude from Stetson University College of Law in Florida and her Masters Degree in Law with Honors from Jagiellonian University in Poland. Aga Piasecka is fluent in Polish, Italian and English and can assist you with all of your Wills and Trust needs in Florida.
Free Consultations and Flat Rates
Clearwater Lawyer Aga Piasecka offers Free Consultations and Flat Rates on creation of Wills and Trusts, Quit Claim Deeds and Powers of Attorney. Aga Piasecka’s Clearwater Law Office is conveniently located at 13575 58th Street North, Clearwater, Florida 33760 near the Saint Petersburg – Clearwater International Airport.
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Agnieszka “Aga” Piasecka, Wills and Trusts Lawyer, can assist you with all of your Wills and Trusts needs in Clearwater, Florida.