Publication

Family Office Insights: Upcoming Changes to FDIC Deposit Insurance for Accounts Owned by Trusts

June 2023 | Americas

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June 2023 | Americas

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The Federal Deposit Insurance Corporation (FDIC) has announced that it will be changing the way it insures deposits in accounts owned by trusts. The new rules will take effect on April 1, 2024. Here is what Family Offices need to know.

Authors

Daniel Berick

Daniel Berick

Partner

 Lee Wendel

Lee Wendel

Partner

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