FDIC Insurance related posts
How Does a Trust Work When Someone Dies?
March 15, 2025
How does a trust work when someone close to you passes away, figuring out what happens next with their assets can be tough. If a trust is involved, this process, called trust administration, directs how assets get managed and distributed. Trust administration helps ensure things go according to plan, as your loved one intended.
Exemption vs Homestead Exemption Understanding: Key Differences
March 14, 2025
Explore exemption vs homestead exemption understanding to learn how these two distinct benefits can save you money and protect your home equity.
Avoid Unclaimed Property: How a Living Trust Protects Your Assets
March 10, 2025
Did you know that over $70 billion in unclaimed property is currently held by state governments? These funds include forgotten bank accounts, uncashed checks, retirement savings, life insurance policies, and digital assets—all left behind because there was no estate planning in place. Without a clear plan, your hard-earned assets could be lost in legal limbo instead of benefiting your loved ones.
Protect Your Home: Why and How to Add Your Living Trust to Your Home Insurance Policy
March 3, 2025
Are you setting up a trust to protect your assets and to pass down to your children? It might be something you never thought about. But did you know that your homeowner's policy might not fully cover your living trust trust if you do not properly add trust to homeowners insurance? You do not want to find out the hard way that your insurance won't pay out when you need it most.
Who Is the Grantor of a Trust?
February 19, 2025
Trusts are legal contracts used to protect assets and transfer property ownership from one individual to another. They can help family members avoid probate in some situations and also grant control of assets to a beneficiary while a grantor is still alive. It is crucial to learn about who the grantor of a trust is
Webinar Replay: The Hidden Dangers of DIY Estate Planning
February 7, 2025
Did you miss our recent webinar on the Hidden Dangers of DIY Estate Planning? Or maybe you want to revisit the valuable insights shared during the session. Here is access to the recording.
Reverse Mortgages Become a Popular Option for Seniors
February 7, 2025
With all the buzz over reverse mortgages (RM’s) in the past couple years, I was surprised to learn that the first reverse mortgage was completed in Portland, Maine in 1961. The concept evolved until 1989 when RM’s went mainstream with HUD selecting 50 lenders by lottery to make the first FHA-insured reverse mortgages. Even though
How Long Are Bank Accounts Frozen After Death?
January 22, 2025
When a loved one passes away, unexpected financial challenges can arise, leaving families unprepared. One of the most common issues is frozen bank accounts after death, which can create significant stress.
Tips on How to Deal with Greedy Family Members After a Loved One’s Death
January 20, 2025
Losing a loved one is an emotionally challenging time, and it’s even harder when family conflicts arise over inheritance. Greedy behavior or disputes can add unnecessary stress and strain relationships, turning what should be a time of healing into a battleground. While these situations can feel overwhelming, there are practical steps you can take to manage them effectively and protect your loved one’s wishes. At AmeriEstate Legal Plan, we believe estate planning should be as easy and stress-free as possible, and we’re here to help you navigate these challenges.
What Is the Settlor of a Trust?
January 13, 2025
Do you have questions like what is a settlor of a trust? AmeriEstate provides answers in this comprehensive look at the meaning of settlor in a trust.
