Remove fdic-insurance-trust-accounts
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Lawyer Trust Accounts and FDIC Insurance: What You Need to Know

CaseFox

If you are a lawyer, you are required to maintain a trust account to hold funds that belong to your clients. This account is also referred to as an IOLTA account (Interest on Lawyers’ Trust Accounts) or a client trust account. What is a Lawyer Trust Account?

Lawyer 98
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Protecting Your Client’s Funds: Understanding FDIC Insurance for Lawyer Trust Accounts

MatterSuite

As a lawyer, one of your primary responsibilities is to safeguard your clients’ funds held in trust accounts. Client trust accounts are designed to keep client funds separate from the lawyer’s personal or business accounts. What is FDIC Insurance?

Lawyer 52
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Justia Legal Resources: Banking and Finance Law Center

Justia Legal Marketing & Technology blog

One common example is account churning , which consists of making unnecessary trades to generate more commissions. Certain federal agencies regulate the banking industry , such as the Federal Deposit Insurance Corporation. These are often called “blue sky” laws.

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