[WSBAPT] FDIC for Trust Investments

[Tara M. Roberts]

I have in my mind that there is a limitation that trustees must use FDIC
insured accounts and investments, in cases where the trust instrument does
not waive or grant greater authority.  But I'm not quickly finding the
authority for this.  It's possible I'm thinking of PRs handling funds during
estate administration?  Does this ring a bell for anyone?

 

Thanks,

Tara M. Roberts

Puget Sound Law pllc

 <mailto:roberts at pugetsoundlaw.com> roberts at pugetsoundlaw.com

 

 

 

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