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, ...

Next year, California will set up trust accounts for children in low-income families who lost a parent or guardian to COVID. But before any money can be claimed, the state now has the herculean task ...

Question: I am named as my grandmother’s trustee to handle things on her death and Granny passed away a week ago. In figuring out what her trust assets are, I found that she has over $800,000 in one ...

When someone passes away and their property is not in a trust, these assets must typically go through probate. Probate is a ...

Ask the Expert: How Can I Make Sure My Trust Actually Works the Way I Planned?

Sixteen-year-old Elizabeth Rondon wouldn't know if someone took money from her. Her brain was severely damaged by a hospital drug overdose when she was 7 years old, leaving her incapacitated, unable ...

Leonard’s wife, Kelly-Anne, has been receiving checks in an irrevocable trust for more than 20 years. When she was a teenager, her mother set up the trust, naming Kelly-Anne’s uncle as the trustee.

Mensah\xa0“Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals.” — George S. ClasonThe quote lingered in Michael’s mind as he crossed the faculty ...