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 ...

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 ...

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: ...

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 ...

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 ...

Almost every funded trust has one or more bank accounts—checking, savings, money market or certificates of deposit—and most of those accounts are insured by the FDIC. What many do not realize is that ...

Putting everything you own into a living trust can feel like the safest way to help your kids skip probate, but some assets ...