A living trust is a smart way to pass wealth down to a younger generation, but this method can make access to certain accounts difficult.

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 ...

Trust accounting—specifically, the management and recordkeeping of client trust accounts—is an aspect of legal practice that demands meticulous attention. Whether dealing with escrowed funds, ...

A trust is its own legal entity and can have its own bank account. Finding the right trust bank account, like those offered by Ally Bank, Charles Schwab, or J.P. Morgan Private Bank, can help ensure ...

Apr. 22—The Missouri Supreme Court has ordered the license of an attorney with offices in Joplin and Neosho suspended for at least three years after she mismanaged client fees and trust accounts. The ...

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 ...

There are 5 times you may want to name your trust as an IRA beneficiary. Is most other scenarios this could be a huge estate ...

Northern Trust Bank of California has agreed to pay $21 million to settle a lawsuit alleging that it charged excessive management fees to 1,300 individuals, charities and others with trust accounts.