trust account
- n a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
trust account :
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News & Articles
- California Adds Temporary Work Permit for Child Performers
Work outside New York and California is governed by the laws of that state. Louisiana and New Mexico also require proof of a trust account.
Sept. 20, 2013 - Backstage.com - CPA Disbarred for Stealing from Daughter's Trust Fund
The Internal Revenue Service said Tuesday that its Office of Professional Responsibility has prevailed in seeking the disbarment of David O. Christensen after he was convicted of theft for misappropriating funds as the conservator of his daughter's trust account.
Sept. 17, 2013 - Accounting Today