An attorney trust account is unlike any other bank account. Unique rules apply, and most lawyers don't know them, so solos and small firms tremble at the thought of an ethics audit. Attorneys in large ...

Accepting the role of trustee comes with unique responsibilities, ethical obligations and a significant amount of risk. Even the most well-intentioned trustee can be subjected to scrutiny by ...

U.S. District Judge James Robertson said he hopes to issue a ruling by mid-July on how much money Indian Trust beneficiaries failed to receive as a result of the government's mismanagement of their ...

I am wondering whether readers are having a similar problem arising where they may be involved in providing tax advice for Trusts or, indeed, whether ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Trust banking might sound like a boring topic, but it’s actually pretty important. It’s all about managing your money and assets in a way that helps protect them for the future. But here’s the thing: ...

Let’s say your client is the beneficiary of a family trust (meaning here a noncharitable irrevocable trust) that was created by a grandparent who made a fortune by founding a restaurant chain. The ...

NEW YORK--(BUSINESS WIRE)--Paradigm, a market-leading provider of legal practice management and payments software, today announced its acquisition of TrustBooks, a cloud-based accounting software ...

PricewaterhouseCoopers is stressing the concept of trust in its recently restructured firm and in a new survey that examines where business leaders, customers and employees differ on trust. In June, ...

Q: We recently started a tour operator company. We plan to place client deposits in a bank account that we will call our "trust account." Checks payable to our company will be endorsed by us to the ...