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








1.    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.

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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.


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