Alabama · Trust Accounting

Alabama IOLTA Trust Account Rules

What Alabama attorneys must do to keep client trust funds compliant — the governing rule, how often you must reconcile, and how long records must be kept.

Alabama Trust Account Requirements at a Glance

Governing rule

Rule 1.15 of the Alabama Rules of Professional Conduct (Safekeeping Property)

Reconciliation required

Quarterly (monthly trial balances also required)

Record retention

6 years

Regulator

Alabama State Bar, Office of General Counsel

IOLTA program

Alabama Law Foundation

Bank overdraft reporting

Required — banks must notify the regulator

Source: Alabama State Bar, Office of General Counsel . Rules change — always confirm against the current text before relying on it.

Three-Way Reconciliation in Alabama

Alabama's stated reconciliation requirement is: Quarterly (monthly trial balances also required). A three-way reconciliation compares three totals that must all agree. If they do not, the difference has to be found and resolved before the reconciliation is complete.

1

Adjusted bank balance

Bank statement balance, adjusted for outstanding checks and deposits in transit.

2

Trust register balance

Your internal trust account register as of the same date.

3

Sum of client ledgers

The total of every individual client ledger balance on that date.

For a full walkthrough of the procedure, common violations, and what examiners look for, see our IOLTA compliance guide.

What Alabama Attorneys Must Keep, and for 6 Years

Alabama requires trust account records to be retained for 6 years. In practice that means keeping:

This page is a summary, not legal advice. IOLTA Guard is not a law firm. Confirm current requirements with the Alabama State Bar, Office of General Counsel — rules change, and your obligations as the attorney of record are yours alone.

Trust Account Rules in Other States

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Stay Compliant with Alabama Trust Account Rules

IOLTA Guard automates three-way reconciliation, blocks negative client ledgers, and keeps the audit trail Alabama attorneys are expected to maintain.

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