FDIC limits rise for living trusts

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.

FDIC limits of living trusts from FDIC site
FDIC limits of living trusts from FDIC site
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