What If Your Bank Fails?

On everyone's mind these days... check out Liz Pulliam Weston's webarticle on this very timely topic. She has excellent information and things to ponder. Click here for more information.

On a related topic, with regards to living trusts, make sure your Schedule A is updated annually to reflect all of your bank accounts, financial accounts and other assets including real property (real estate) held in your trust. Be sure to transfer these assets as appropriate with advice from your attorney.

________
Estate Planning, Probate and Trusts involve complex areas of law. Individual circumstances must be considered before any advice can be given.  The general information above is not to be construed as legal advice, which can only be given after consideration of the unique facts of each matter. Please seek the advice or counsel of your attorney, financial advisor or CPA as it may be appropriate.