The FDIC limits were increased recently to $250,000 for each beneficiary named in a living trust. So if you have three kids and your bank account is titled in your living trust, the FDIC protection is $750,000.

This protection bonus expires at the end of 2009. If you don’t believe me you can read it on the FDIC’s site.

Related posts:

1. Cautionary tale: Cook Co; Deeds to Living Trusts & Real Estate Tax
2. Wall St. Journal and Living Trusts
3. Robert Bruss Story on Living Trusts
4. Difference Between Wills and Living Trusts
5. Living Trust Dinner Seminars