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 ...

Trusts allocate assets to a beneficiary. An in-trust account, or an ITF, is an informal option that does not require a legal deed of trust. Many or all of the products on this page are from partners ...

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 ...

Question: I have a durable power of attorney for my aunt, who is 95. The document specifically mentions all types of trust accounts. Yet when I took it to her bank, they refused to list me as an agent ...

Trust accounts provide a way for lawyers to hold a client's money while working on a case. When a client gives you a payment, you can enter it into a separate designated checking account. Before you ...

A college "favor" is threatening to destroy a family relationship years after the fact. A 31-year-old woman shared on Reddit ...

‘I’m in the home stretch’: I’m 80. Do I leave my kids a ‘Magnificent Seven’ dynasty trust or a brokerage account?

Setting up a Miller trust could help you qualify for Medicaid nursing home benefits. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...