What Is an Attorney Paymaster and When Do You Need One?
An attorney paymaster is a licensed lawyer who receives transaction funds into a client trust account and pays them out exactly as the parties agreed. Here is how it works.
Read articleGuides for buyers, sellers and brokers
Plain English articles on how attorney paymaster and escrow services work and how to protect your transaction.
Attorney Paymaster vs. Escrow Company: Which One Fits Your Deal?
Escrow companies and attorney paymasters both hold money for a transaction, but they work differently. Compare oversight, flexibility, cost and confidentiality.
Read articleHow Commission Disbursement Works in Commodity Transactions
Brokers and intermediaries in oil, gold and other commodity deals often worry about getting paid. Here is how a paymaster protects commissions step by step.
Read articleIOLTA Trust Accounts Explained: Where Your Funds Are Held
When an attorney holds your transaction funds, they go into a client trust account, often an IOLTA. Learn what that means and how it protects your money.
Read articleDocuments You Need Before a Paymaster Can Receive Funds
Banks and attorneys must know who is sending and receiving money. Here is the checklist of documents to prepare so your transaction is not delayed.
Read articleRed Flags in Oil, Gold, PPE and Crypto Deals: How to Protect Yourself
Commodity and cryptocurrency deals attract fraud. Learn the warning signs, and how a paymaster and proper documents reduce your risk.
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