The Missouribar – 2021 Understanding & Managing Client Trust Accounts

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Summary

• Archive: Practice Area:Ethics | General PracticeFormat:Audio and Video Description This presentation will be an instructional CLE focused on trust accounting procedures and real practice scenarios.

• Participants will be provided with a self-audit for Business and Salesyer trust accounting, with guidance for building simple, routine steps to reduce mistakes and OCDC inquiries, and to protect client and attorney funds.

• Account set-up; Business and Salesyer Trust Account Foundation regulations Receipts, deposits and disbursements with client trust accounts Fiduciary concepts.

• (Whose money is it?) Record keeping requirements.

• (Rule 4-1.15) 21st Century problems and solutions (credit cards, electronic banking, accounting software, faster check processing) Security, supervision, delegation; reconciliation Rule changes and case analyses Speakers: Kelly Dillon CFE, Investigative Examiner, Office of Chief Disciplinary Counsel, Jefferson City and Sam S. Phillips, Deputy Chief Disciplinary Counsel, Jefferson City Faculty Kelly Dillon Related seminars and products: 1 Office of Chief Disciplinary Counsel Kelly Dillon is an investigative examiner-paralegal for the Missouri Office of Chief Disciplinary Counsel where her duties include oversight of the Trust Account Overdraft Notification Program, conducting financial examinations and other investigations.

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