Guides
Trust accounting, explained by the people who automate it.
Reference guides for the partners, office managers and bookkeepers who keep client money straight. Each one answers a real question, cites the rule, and is reviewed on the date shown.
- Ten trust accounting mistakes
Ten trust accounting mistakes that lead to bar audits and discipline
The routine errors behind most trust account findings, what each one looks like on the books, and the control that prevents it.
Read the guide - Three-way reconciliation
How to do a three-way trust account reconciliation
The three balances, the steps, how often your state requires it, and what to do when the numbers do not agree.
Read the guide - Medicare conditional payments
What a Medicare conditional payment letter means for your settlement disbursement
Conditional payment letter versus final demand, how Medicare reduces its claim for fees and costs, the 60-day clock, and what to hold in trust.
Read the guide - Qualified settlement funds
How qualified settlement funds work in mass tort settlements
What makes a fund a QSF, who runs it, how common benefit holdbacks and liens come out, and what it means for the firm's trust account.
Read the guide - State rules
Trust accounting rules for all 50 states and DC
The governing rule, how often to reconcile, what to report and certify, and what each bar looks for, state by state.
Find your state