Finding the right bank for a trust account can mean paying low or no fees, earning high interest and benefiting from ...

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, ...

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 ...

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 ...

Of the thousands of ethics complaints filed each year to the Pennsylvania Office of Disciplinary Council, violations involving IOLTA accounts—a particular type of trust account whose use is mandatory ...

Whether you meant harm or not, if you can't prove compliance, you're exposed. Compliance expert Summer Goralik and real estate broker Troy Palmquist focus on the importance of not only setting down ...