Frequently asked questions
General information about how the firm's paymaster and escrow services work. For your own transaction, please call the attorney.
A licensed lawyer, retained by a client under a written agreement, who receives transaction proceeds into the firm's client trust account and pays them according to the signed instructions.
The client who signs the Paymaster Agreement and retains the firm, usually the beneficiary who is to be paid. The firm does not represent the other parties to the transaction, who should consult their own counsel.
No. Your information is confidential under the attorney client relationship and is shared only as the law requires (for example with the firm's bank for compliance) or with your written permission.
The firm confirms receipt in writing. The bank does not discuss trust account activity with third parties, so confirmation always comes from the attorney.
The firm aims to send payments the same or next business day after all conditions in the agreement are met and every party's documents are complete. A bank may hold a large wire for its own review.
The online Client Information Sheet, a driver's license or passport, IRS Form W-9 (U.S. persons) or W-8BEN / W-8BEN-E (others), company records for companies, the transaction contract and bank details for payment. All are completed or uploaded in the secure client portal.
By bank wire only, after the attorney gives you the wire instructions and you confirm them by telephone at (714) 782-7275. The firm never changes wire instructions by email. Cash, checks and money orders are not accepted.
Not unless the law requires it. Each party is responsible for its own taxes. The firm collects W-9 and W-8 forms because banks and tax rules require them and may file information returns where required. Consult your own tax advisor.
The firm does not buy, sell, hold or transfer cryptocurrency for clients. It can act as paymaster for transactions involving digital assets when the payment is made in U.S. dollars.
The client portal requires a confirmed email, a strong password and two-step sign in with an authenticator app. Questionnaire answers and uploaded files are encrypted on the server, and every sign in, upload and signature is recorded.
Fees quoted per transaction. Please contact Bahram Madaen directly for a price. Every fee is set out in a written agreement before any funds are received.
Discuss your transaction with the attorney
Call or write to Bahram Madaen. Fees quoted per transaction. Please contact Bahram Madaen directly for a price. Every fee is set out in a written agreement before any funds are received.