What Is a Trust Checking Account? A trust checking account is a bank account held by a trust, allowing trustees to pay incidental expenses and disperse assets to beneficiaries after a settlor's death.

Sometimes, trusts need a place to put cash. That’s where a trust account comes in. Trust bank accounts hold trust funds and may earn interest, cover expenses or simply store money for the trust.

Last week, Kelly-Anne’s uncle passed away and the bank has now locked the trust’s bank account. Considering that there’s a substantial amount of money in the account, Leonard and Kelly-Anne ...

SolStock / Getty Images Both ABLE accounts and supplemental needs trust (SNT), also known as supplemental needs trusts, allow the accumulation of resources for the benefit of an individual with a ...

A bill making its way through the Roundhouse is aimed at giving New Mexico children a leg up when it comes to financial ...

Florida lawmakers are considering a bill that would cap the interest rates banks pay on trust accounts used by lawyers to hold client funds. Banks argue the higher rates are unfair and result in ...