Colorado COLTAF/IOLTA Trust Account Bookkeeping and Reconciliation Resources

Maintaining compliance with trust accounting requirements is essential for law firms. The following resources and guidelines provide an overview of the bookkeeping, recordkeeping, and reconciliation standards applicable to Colorado law firms managing trust accounts.

Colorado COLTAF Trust Account Reconciliation Report

While most trust accounting resources explain rules and requirements, few provide practical examples of the necessary monthly reports. Our IOLTA reconciliation video walks through a set of example reports.

Guides and Regulatory Resources

The Colorado Supreme Court provides a brief Trust Account Manual through the Office of Attorney Regulation Counsel.

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Colorado COLTAF/IOLTA Rules

Colorado Rules of Professional Conduct for COLTAF accounts

• Rule 1.15A General Duties of Lawyers Regarding Property of Clients and Third Parties
• Rule 1.15B Account Requirements
• Rule 1.15C Use of Trust Accounts
• Rule 1.15D Required Records
• Rule 1.15E Approved Institutions

Annual IOLTA Certification Form

Colorado lawyers are required to certify that they have complied with Rule 1.15, or to provide a justifiable reason for non-compliance, on their annual Attorney Registration Statement

IOLTA Trust Accounting Services

We provide trust accounting services for over 120 law firms with our bookkeeping services and IOLTA reconciliation oversight with our CFO services. Schedule a consultation to learn more.

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