[WSBARP] Probate Funds - Estate Account - Treasury Bonds?

[Neli Espe, J.D. - Olympic Legal]

Dear Listmates,

Probate estate account have close to 900K. We are trying to open additional estate accounts (with a lot of push back from local banks) to reduce the amount in each account to FDIC insured limit.

Estate may need to be open for another 6-12 months. Beneficiaries are foreign nationals and do not want interim distributions.

The idea of estate obtaining a treasury bond has been floated, but I have little faith in such a course of action.

Any ideas about how one can better handle the situation in the current banking/inflationary climate?

Happy holidays, Neli

___________________________________
   Neli Espe, J.D., Olympic Legal
                360.630.3635
2114 Commercial Ave., Anacortes
            olympiclegal.com<http://olympiclegal.com/>
     Estate & Business Planning
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