What Is a Trust Checking Account? A trust checking account is a bank account held by a trust, allowing trustees to pay incidental expenses and disperse assets to beneficiaries after a settlor's death.

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: ...

CROOKSTON, Minn. — A housing trust fund account is on the horizon for the city of Crookston, with the goal to ease the area’s housing shortage, support cost-burdened homeowners and address substandard ...

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 ...

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, ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

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 ...