New release outlines what trust-account records and internal workflows generally look like for California law firms ...

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 ...

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 ...

Bank customers who have trust accounts may see their FDIC insurance coverage limits lowered due to new changes that went into effect April 1. Here's what you need to know to make sure your deposits ...

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, ...

On July 28, the California Bar Association, which regulates lawyer conduct in that state, announced that the law licenses of some 1,600 lawyers were being suspended. (Even in California, which has 195 ...

Placing an investment account in a trust can help manage assets and streamline inheritance, but it also introduces specific tax rules and reporting requirements. The tax implications depend on the ...