A Living Trust is a legal instrument used to transfer assets to a trust that is managed by a Trustee while the owner of the assets is still living.
Guardian/Conservator accounts are established to protect individuals who are declared incapable by the court of handling their own affairs.
Infant Compromise accounts are established with funds awarded to a minor in specific accordance with the court settlement.
A Totten Trust account allows the account owner to name a beneficiary to automatically receive the funds in the event of their passing.
Representative Payee accounts are managed by a Social Security Administration appointed designee for the benefit of another person.
Benefit accounts hold funds that have been donated for the purpose of benefiting one or more individuals who have suffered a hardship.