1. Deposit Insurance Calculations for Liquidity Risk Management User Guide
  2. FDIC Part 370 Calculations
  3. ORC Classification and Insurance Calculation
  4. Revocable Trust Accounts (REV)
  5. Beneficiary as Another Trust Account

6.3.6.2 Beneficiary as Another Trust Account

When a Trust Account names another trust account as Beneficiary, the set of owners of both Trusts are compared. If the Beneficiary Trust is wholly owned by the Grantor(s), then the Beneficiary Trust is replaced by its actual Beneficiaries. If not, this Beneficiary Trust is treated like any Ineligible Beneficiary.