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  2. FAQ about bank safety and deposit insurance - AOL

    www.aol.com/finance/faq-bank-safety-deposit...

    The standard deposit insurance coverage limit, as offered at banks that are members of the Federal Deposit Insurance Corp. (FDIC), is $250,000 per depositor, per bank, per ownership category.

  3. Five items to leave out of a revocable living trust

    www.aol.com/finance/want-help-kids-bypass...

    5 minutes could get you up to $2M in life insurance coverage — with no medical ... you can create a revocable living trust. A trust would have helped Pete’s family avoid probate, protect their ...

  4. Will An Expensive Revocable Living Trust Really Pay Off ... - AOL

    www.aol.com/does-sense-pay-expensive-revocable...

    Creating a revocable living trust can take more time and more than writing a will because it requires a lot of work upfront. For instance, you must re-title all assets you want to transfer to the ...

  5. Many are worried about their bank accounts' safety — here's ...

    www.aol.com/finance/fdic-insurance-heres-certain...

    There are eight account ownership categories: single accounts, joint accounts, certain retirement accounts which include IRAs, revocable trust accounts and irrevocable trust accounts, corporate or ...

  6. Federal Deposit Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Federal_Deposit_Insurance...

    The owner of a revocable trust account is generally insured up to $250,000 for each unique beneficiary (subject to special rules if there are more than five of them). Thus if there is a single owner of an account that is specified as in trust for (payable on death to, etc.) three different beneficiaries, the funds in the account are insured up ...

  7. Choosing Between a Revocable and Irrevocable Trust for Your ...

    www.aol.com/news/choosing-between-revocable...

    Estate planning is a crucial part of any holistic financial plan. As a financial advisor, you could direct your clients to an estate planning attorney for guidance in this area, but while ...

  8. Uniform Trust Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Trust_Code

    The final text of the Uniform Trust Code (UTC) was approved by the ULC commissioners in August 2000. The American Bar Association's House of Delegates officially endorsed the UTC in February 2001. The following months saw the finalization of detailed interpretive comments in April 2001 and minor clean-up revisions in August 2001. [ 2 ]

  9. 6 best ways to FDIC-insure your excess bank deposits - AOL

    www.aol.com/finance/ways-to-insure-excess-bank...

    2. Open an account in a different ownership category. If you want to keep all your money in one FDIC-insured bank, you may be able to insure deposits of more than $250,000 by opening different ...

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