When Separation occurs, many people think to immediately go into the joint accounts and transfer themselves their half share (or sometimes more). Before doing so, there are some important factors to take into consideration. How will this impact the relationship between you and your …
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The Reasons Family Law Firms Use Trust Accounts
Law Firms are required to hold and manage client funds separate to the firms everyday operating funds, which is why client funds are held in a company Trust Account. What is the purpose? Primarily, to protect the clients’ funds by keeping these funds separate to the firms’ general funds, …