The Coleman Law Firm, PLLC
Attorneys and Counselors at Law
9250 Baymeadows Road, Suite 450
Jacksonville, Florida 32256
Phone:  (904) 448-1969
Fax:  (904) 448-5244
Toll Free:  (888) 492-2468
Email:  info@TheColemanLawFirm.net

Estate Planning, Probate, Elder Law, Medicaid Planning, Asset Protection, Wills & Trusts
9250 Baymeadows Road, Suite 450
Jacksonville, Florida 32256
Phone:  (904) 448-1969
Toll Free: (888) 492-2468
Fax:  (904) 448-5244
Email:  Info@TheColemanLawFirm.net
Estate Planning FAQs



1.    What is a revocable living trust, and why should I consider using a revocable living trust for my estate planning?

2.    What does it mean to "fund" my revocable living trust, and why is that important?

3.    What are the duties and responsibilities of the Trustee of my revocable living trust?

4.    Who should be the trustee of my revocable living trust?

5.    Who should be the beneficiary of my individual retirement accounts (IRAs)?

6.    Should I convert my traditional IRA to a Roth IRA?

7.    What is a life insurance trust, and why would want a life insurance trust?

8.    Do I have to be concerned with estate taxes?

9.    What is a Charitable Remainder Trust and how can I benefit from one?

10.    How do I know how much deposit insurance coverage I have through the FDIC for certificates of deposit at my bank that are titled in the name of my trust?

        The amount of deposit insurance coverage you have for the accounts titled to your trust depends on a number of factors.  The rule for determining the amount of deposit insurance provided by the FDIC for a trust is that each "owner" of the trust receives up to $100,000 of deposit insurance coverage for each "qualified" "beneficiary," for a revocable trust, and $100,000 for each "beneficiary" of an irrevocable trust, subject to various restrictions and qualifications.

        For more detailed information, please see the Complete FDIC Guide to Calculating Deposit Insurance Coverage for Revocable and Irrevocable Trusts.

        Back to Top of Estate Planning FAQ Page
Legal Notice and Disclaimer.  The materials within this website are for informational purposes only.  This information does not constitute legal advice and should not be relied upon by any individual.  Communication of this information is not intended to create, and receipt does not constitute, the establishment of an attorney-client relationship.  Internet users and readers should not act upon this information without first seeking professional legal counsel for your particular circumstances.  The information on this website is provided only as general information which may or may not reflect the most current legal information.

The hiring of a lawyer is an important decision and should not be based on advertising alone.  Before hiring us, please request that we provide you with additional information about our qualifications.

The Coleman Law Firm, PLLC, 9250 Baymeadows Road, Suite 450, Jacksonville, Florida 32256
Telephone (904) 448-1969, Fax:  (904) 448-5244
Toll Free (888) 492-2468
Email:  info@TheColemanLawFirm.net.


Copyright . The Coleman Law Firm, PLLC. All rights reserved.