Fiduciary and settlement accounts.
Settlement administrators, bankruptcy trustees, receivers, and disbursing agents run account books that deposit cores were never shaped for — escrows that release on conditions, trusts that exist to wind down, and distributions to thousands of payees with tax paper attached. This page describes the account family the A8 Core™ specification models for that work.
Who this is for
Institutions and appointed fiduciaries that hold and move other people’s money under a court order, a settlement agreement, or an engagement letter.
Settlement administrators
Class action and mass tort administration — one fund in, many compliant distributions out, every step recorded.
Trustees and receivers
Chapter 7 and 11 estates, Subchapter V, receiverships and assignments for the benefit of creditors, each with its own account discipline.
Disbursing and paying agents
Plan distributions, creditor payments, and professional-fee escrows calculated per recipient and reported to the IRS.
Trust companies as escrow agent
A chartered institution offering escrow, control, and settlement accounts as products on its own core — the business administrators otherwise take elsewhere.
The account family
Each type below is modeled in the specification as a first-class account with its own titling, authority, and reporting behavior — not a checking account wearing a label.
Settlement & sale escrows
Purchase-price and 363-sale escrows that hold funds against defined conditions, with the release logic described under escrow and conditional settlement.
Qualified settlement funds
Section 468B fund accounts with segregated claimant sub-accounting and distribution records built for the fund’s own tax reporting.
Debtor-in-possession accounts
DIP accounts opened under bankruptcy-court authority, with the operating restrictions and reporting a United States Trustee expects.
Litigation & liquidating trusts
Trusts that exist to hold, resolve, and distribute — wind-down accounting, beneficiary schedules, and a defensible record of every distribution.
Receivership & ABC accounts
State and federal equity receiverships and assignments for the benefit of creditors, where the fiduciary’s authority is the account’s governing document.
Professional-fee escrows
Retainer and carve-out escrows with holdback logic and court-approval gates before release.
Disbursing-agent accounts
The paying-agent book: one funded account, a distribution schedule, and per-payee instruments with full traceability from order to payment.
Control agreements
DACA-style control over deposit accounts and control of securities entitlements — the UCC Article 8 and Article 9 concept the platform is named for, modeled as an object with parties, scope, and term.
Disbursing-agent operations
Distribution is where these accounts earn their keep — the specification treats it as a pipeline, not a wire form.
Per-payee calculation
Pro-rata, priority-tiered, and reserve-adjusted distribution amounts computed per recipient, with the calculation retained beside the payment.
Batch distribution
One approved schedule releases many payments, each an individually recorded transaction on the ledger — nothing moves as an untraceable lump.
Withholding & information returns
Backup withholding flags and per-payee tax records shaped for information-return filing; IRS IRIS A2A transmission is a development target on this platform, described under IRS IRIS information-return filing. Wage-claim payroll withholding is planned through payroll-tax providers.
Uncashed instruments & escheatment
Outstanding-instrument tracking with state unclaimed-property rules maintained as data, so dormancy periods and due-diligence steps are configuration, not code.
International payouts
Cross-border distributions are planned through foreign-exchange and payout providers, with the payee record and evidence trail staying on the platform.
Evidence throughout
Every decision that authorizes a hold, a release, or a payment is designed to carry the same evidenced authorization discipline B5 Secure™ applies to data elements.
Administering a settlement, an estate, or a wind-down?
We will walk through the account family against your governing documents and show where the specification stands today.