Examlex
Explain the role of the family and of extended kinship ties in the lives of African Americans.
Totten Trust
A Totten Trust is a type of informal trust account created by depositing funds into a bank account with a beneficiary designated to receive the balance upon the depositor's death.
Savings Account Trust
A trust account set up at a bank or financial institution, where money is held under a trust agreement for the benefit of the beneficiaries.
Intestacy Statutes
Laws that govern the distribution of a person's estate if they die without a valid will, determining how their assets are divided among surviving relatives.
Legally Adopted
Refers to the formal process by which an adult becomes the legal parent of someone who is not their biological child.
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