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#1222785 - 07/27/09 03:16 PM FDIC Insurance Categories - Revocable Trusts
pacar Offline
Gold Star
Joined: Jul 2007
Posts: 320
Quick Question:
A revocable trust, defined as "The Jane Doe Revocable Trust, Jane Doe Trustee" is treated as a deposit in a different category than joint or individual accounts, correct?

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Deposits and Payments
#1222799 - 07/27/09 03:26 PM Re: FDIC Insurance Categories - Revocable Trusts pacar
BankerRed Offline
Junior Member
Joined: Oct 2007
Posts: 38
SC
Yes. As long as the account is designated as a trust on the banks records.

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#1222818 - 07/27/09 03:44 PM Re: FDIC Insurance Categories - Revocable Trusts BankerRed
pacar Offline
Gold Star
Joined: Jul 2007
Posts: 320
Thanks!

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