Ethics: Other People's Money Revisited (from Annual Trusts and Estates 2015) (Online Seminar)

A pre-recorded streaming VIDEO replay of one session from the October 2015 live seminar, 34th Annual Trusts and Estates Seminar.

Cosponsored with the Trusts and Estates Section of the Virginia State Bar

Following an overview of the trust account rules, Frank Thomas discusses how the rules apply to lawyers acting in fiduciary roles as executors or trustees. Learn your ethical duties concerning your fees and other financial transactions, including credit cards and other types of payment.

FACULTY

Frank A. Thomas III, Frank A. Thomas, III, PLC / Orange

Frank A. Thomas, III was born in Charleston, West Virginia and attended its public schools.  He graduated from the University of Virginia with the following degrees:  BA with Distinction in English (1970);  Master of the Arts in English (1971); and JD (1974).  He was a member of the Virginia Law Review, serving as notes editor, and is a member of the Order of the Coif.

Mr. Thomas is married to the former Alexandra R. Smith (Zan).  They live on a small farm where they have raised horses, sheep, dogs and chickens.  They have also raised a daughter, Penelope, of whom they are very proud, and who in turn has three children of whom they also very proud.

Mr. Thomas was associated with the Richmond, Virginia office of the firm Hunton & Williams from 1974 to 1980, the Staunton, Virginia firm of Timberlake, Smith, Thomas & Moses from 1980 to 1985; and has been practicing in Orange, VA since 1985.

Mr. Thomas has served on the Board of Governors of the Trusts and Estates Section of the Virginia State Bar and as Section Chair.  He has also served as Chair of the Wills, Trusts & Estates Section of the Virginia Bar Association, as well as on the Section’s Council and Legislative Committee.  He is a past President of the Virginia Bar Association and a Past President of The Virginia Law Foundation.

Mr. Thomas serves as Assistant Commissioner of Accounts of Orange County, Virginia.  He is a fellow of the American College of Trusts and Estates Counsel, a fellow of the American Bar Foundation, a fellow of The Virginia Law Foundation, and is listed in The Best Lawyers in America.