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TTEE is standard abbreviation for TRUSTEE.

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12y ago

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What does TTEE mean on a bank account?

Trustee


What does TTEE mean?

TTEE is an abbreviation for "trustee." The trustee on a trust or on a other deposit account controls the assets in the trust or the funds in the account.


What does ttee mean after a person name on a bank account?

The term "TTEE" after a person's name on a bank account stands for "Trustee." It indicates that the person is managing the account on behalf of a trust or for the benefit of another party, rather than for their own personal use. This designation is commonly seen in accounts held in trust, ensuring that the funds are managed according to the terms of the trust agreement.


What does TTEE mean on a CD account?

TTEE on a CD account stands for "Trustee." It indicates that the account is held in a trust, with the trustee managing the funds on behalf of the beneficiaries. This designation helps clarify the legal ownership and management responsibilities of the account, ensuring that the assets are handled according to the terms of the trust agreement.


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