Although revocable trusts are the centerpiece for many estate plans, many clients are confused by what amount of their deposit accounts are insured by the Federal Deposit Insurance Company. To make the rules easier to apply, the Federal Deposit Insurance Company released new rules with a delayed effective date. These rules build on the current concepts while simplifying their application. Read on to learn more.
Chumahan is a founding partner and the Senior Partner of Ovando Bowen LLP. Prior to starting his own firm, Chumahan was a partner at a prestigious class action firm in Los Angeles. Chumahan now focuses his career on civil litigation, family law, and estate planning.
Latest posts by Chumahan Bowen (see all)
- Let’s Talk about Trusts…and Taxation - April 2, 2022
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- Estate Planning – Something You Shouldn’t Do Yourself - March 31, 2022
