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Interest on Lawyers Trust Accounts (VOLTA) Update Form. The State Bar of California Legal Services Trust Fund Program. Trust Account Information Report.
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What is interest on lawyers trust?
Interest on lawyers trust is the interest earned on funds held in a lawyer's trust account.
Who is required to file interest on lawyers trust?
Lawyers or law firms who hold client funds in a trust account are required to file interest on lawyers trust.
How to fill out interest on lawyers trust?
Interest on lawyers trust is typically reported on the lawyer's annual trust accounting or tax filings.
What is the purpose of interest on lawyers trust?
The purpose of interest on lawyers trust is to ensure that any interest earned on client funds held in a trust account is handled appropriately.
What information must be reported on interest on lawyers trust?
The interest earned on client funds held in the trust account, as well as any applicable details regarding the clients and the funds.
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