A domestic violence shelter located in Baldwin County, The Lighthouse received a grant to help pay the salary of an advocate who will help victims of domestic abuse understand the legal system.
Attorneys routinely receive funds to be held in trust for future use.
Funds of a substantial amount or that are to be held for a long period of time are usually placed in an interest-bearing account for the individual client's benefit. If funds are small in amount or to be held for a short period of time, they are usually deopsited in a noninterest-bearing checking account. This is done because the interest generated by these funds would not be enough to benefit the individual client. Banks send interest earned on attorney trust accounts monthly or quarterly. Alabama has one of the highest participation rates in the country for opt-out programs.