Escrow and IOLTA
Escrow accounts are powerful legal mechanisms that add flexibility to financial transactions and inheritance vehicles. Interest on Lawyer Trust Accounts (IOLTAs) make possible financing of legal representation for those who cannot otherwise afford it. But the state-by-state rules for each are complex. And doing them wrong can get you disbarred!
LBSI knows the ins and outs of each state’s regulations for these instruments, to apply them correctly and keep you safely in compliance.