The rules for trusts are even more complicated with FDIC insurance. Here are the current rules, as of September 20, 2011, from the FDIC website. I hope this helps you. Ownership Categories Revocable Trust Accounts This section explains FDIC insurance coverage for revocable trust accounts, and is not intended as estate planning advice or guidance. […]
Currently the FDIC insurance limits have been raised to $250,000 per BANK (not per account). I will post the trust rules later in the week as they are a little different. Check out fdic.gov for the latest information about FDIC insurance. It’s a huge part of estate planning, trust and probate law so I am […]
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