What is a trust account? How do I know that my money is safe in a trust account? And other important questions… answered.
TrustBooks partnered with LawPay to put together this step-by-step guide to help attorneys understand how to properly manage their trust accounts with the use of new technologies.
TrustBooks integrates with the leaders in legal tech to provide an easy and complete solution to running your law practice.
TrustBooks compiled state-specific resource pages to help you navigate the trust accounting rules for your state.
What is a trust account? How do I know that my money is safe in a trust account? And other important questions… answered.
For decades, small law firms have been using QuickBooks and Excel to track and manage their trust account.
Most law firms are aware of state bar requirements for trust accounts, but that doesn’t prevent them from falling out of compliance.
Insight and transparency into your trust account are a must for every attorney, but it can be challenging to know exactly which reports will give you the most thorough overview of your account.
Every state bar association requires that an attorney reconcile their trust bank statement to their clients’ individual balances either monthly or quarterly.