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, ...

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 ...

Once you know what kind of trust you'd like, follow these steps to open a trust account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

California lawyers who handle client trust accounts will soon have new reporting requirements under rule changes announced Tuesday by the state Supreme Court. The new requirements were prompted by ...

The White House and Eisenhower Executive Office Building in October 2021. (Kevin Dietsch/Getty Images) Just under half of federal agencies are expected to meet all zero trust requirements by OMB’s ...