Negotiable order of withdrawal (NOW) accounts manage and administer the investments in a trust account or from an estate.

Name: Negotiable order of withdrawal (NOW) accounts manage and administer the investments in a trust account or from an estate.
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Question

Quizplus · Accepted Answer

NOW accounts are not typically used to manage or administer investments in a trust account or from an estate. They are typically used as interest-bearing checking accounts for individuals or businesses.

Negotiable Order of Withdrawal (NOW) Accounts Manage and Administer the Investments