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If an attorney deposits a check into a trust account is there a set period of time they must wait before issuing checks drawn on those funds?

April 26, 2017account attorney deposits issuing period time Trust wait

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If an attorney deposits a check into a trust account is there a set period of time they must wait before issuing checks drawn on those funds?

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When an attorney deposits a check into a trust account it may take several days for the deposits to clear and the funds to be made available. Banks may vary in the amount of time taken to process a deposit. If the attorney has any doubt whether the deposited instrument has cleared; they should not issue any checks drawn on the funds. Instead, they should contact their banks customer service line to verify that the funds are available.