Geoff opens an account for $250,000 at Home Federal Bank. The account provides that the funds are held in trust for Harriet, Geoff's daughter. This is

Name: Geoff opens an account for $250,000 at Home Federal Bank. The account provides that the funds are held in trust for Harriet, Geoff's daughter. This is
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A living trust is created during the lifetime of the trustor, in this case, Geoff, who sets up the account for the benefit of his daughter, Harriet.

Geoff Opens an Account for $250,000 at Home Federal Bank