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Wachovia offers a variety of interest-only legal trust accounts to attorneys and others with fiduciary responsibility over client funds. The accounts earn competitive interest that is compounded daily, credited monthly, and paid to your state’s bar foundation.
To simplify record keeping, the monthly interest earned is used to pay any monthly account maintenance charges and any excess interest earnings are paid to the state bar foundation. The fees and procedures can vary by state, so please check with the relationship manager in your area for more details.
For more information, contact your Wachovia Relationship Manager.
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