Although revocable trusts are the centerpiece for many estate plans, many clients are confused by what amount of their deposit accounts are insured by the Federal Deposit Insurance Company. To make the rules easier to apply, the Federal Deposit Insurance Company released new rules with a delayed effective date. These rules build on the current concepts while simplifying their application. My friend and colleague Tereina Stidd, an estate planning expert, has provided an overview of the FDIC rules. Read on to learn more.
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