Aviva Meridian Kaiser
State Bar of Wisconsin
Madison
Christopher C. Shattuck
State Bar of Wisconsin
Madison
Travis J. Stieren
Office of Lawyer Regulation
Madison
8:30 a.m. : Trust Account Basics
- Do you need a trust account?
- Business accounts
- IOLTA Trust Account
- Trust Account Rule Amendments Effective July 1, 2023
- Opening a trust account
9:15 a.m. : Fiduciary Account Basics
- Do you need a fiduciary account?
- Fiduciary account rules
- Opening a fiduciary account
10:00 a.m. : Break
10:15 a.m. : Recordkeeping Part 1: Rule Requirements for Trust and Fiduciary Accounts
- Trust account recordkeeping rules
- OLR guidelines for trust account records
- Fiduciary account recordkeeping rules
- OLR guidelines for fiduciary account records
11:00 a.m. : Recordkeeping Part 2: How to Create, Reconcile, and Save Documents to Comply with Recordkeeping Guidelines for Trust and Fiduciary Accounts
- Transaction Register
- Client Ledger
- Maintenance Account Ledger
- Reconciliation Worksheet
- Record Retention and Safekeeping
11:45 a.m. : Program Concludes
- Get reliable answers to your trust account questions
- Understand OLR guidelines for trust and fiduciary account recordkeeping
- Ethically comply with trust and fiduciary account rules and guidelines
- Learn about recent amendments to the trust account rules
- All lawyers
- Paralegals/legal assistants
Ensure your trust account practices are sound.
Changes effective July 1, 2023 to Wisconsin Supreme Court Rules regarding lawyer trust accounts allow for electronic transactions within certain guidelines. Understand the amendments and review the general requirements for trust accounts, fee agreements, credit card payments, and more at these helpful programs.