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ncestateplanningblog.com

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Mar 26, 2008 11:11 a.m.

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fdic.gov

FDIC Insurance Coverage for Trusts

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Most folks know that cash accounts in banks are insured up to $100,000, per individual, per bank, by the Federal Deposit Insurance Corporation.  Trusts, of course, can own bank accounts, but often have multiple beneficiaries.  Recognizing this, the FDIC has issued guidelines so that one can calculate the amount of insurance coverage available for trust-owned accounts.

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