---
title: "Prepare a trust account statement for the person for whom trust money is held"
url: "https://ailawframework.com/obligations/trust-accounting-and-handling-client-money/prepare-a-trust-account-statement-for-the-person-for-whom-trust-money-is"
type: "task"
site: "AI Law Framework"
id: "A41-CO20261022-3"
practice_area: "Trust accounting & handling client money"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Prepare a trust account statement for the person for whom trust money is held

> From the trust ledger, the controlled-money record or the power record the lawyer selects, fill a trust account statement with the particulars kept for that money and the remaining balance.…

Canonical page: https://ailawframework.com/obligations/trust-accounting-and-handling-client-money/prepare-a-trust-account-statement-for-the-person-for-whom-trust-money-is  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Trust accounting & handling client money](https://ailawframework.com/obligations/trust-accounting-and-handling-client-money.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the trust ledger, the controlled-money record or the power record the lawyer selects, fill a trust account statement with the particulars kept for that money and the remaining balance. Produce a separate statement for each ledger, each controlled-money record and each power record. Do not include transit money or written direction money. |
| What the lawyer must review | The lawyer checks every figure against the record before the statement is given. Rule 52 requires a statement as soon as practicable after the matter is completed, after a reasonable request during the matter, and as soon as practicable after 30 June each year, unless the zero-balance exception in subrule (5) applies. Subrule (6) is a transitional rule tied to the commencement day in that jurisdiction. The lawyer confirms it has expired before relying on it. The practice keeps a copy. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: From the trust ledger, the controlled-money record or the power record the lawyer selects, fill a trust account statement with the particulars kept for that money and the remaining balance. Produce a separate statement for each ledger, each controlled-money record and each power record. Do not include transit money or written direction money.
- What the lawyer does: The lawyer checks every figure against the record before the statement is given. Rule 52 requires a statement as soon as practicable after the matter is completed, after a reasonable request during the matter, and as soon as practicable after 30 June each year, unless the zero-balance exception in subrule (5) applies. Subrule (6) is a transitional rule tied to the commencement day in that jurisdiction. The lawyer confirms it has expired before relying on it. The practice keeps a copy.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court or regulator classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Check the remaining balance against the ledger, not against the client's recollection.
2. Issue a separate statement for the general trust ledger, the controlled-money record and any power record.
3. Do not issue a 30 June statement where subrule (5) applies: a zero balance and either no transaction in the previous 12 months, or a statement already given in that period with no later transaction.
4. Do not rely on subrule (6) unless the lawyer has confirmed the transitional period is still open in that jurisdiction.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [Legal Profession Uniform General Rules 2015 r 52, trust account statements](https://www5.austlii.edu.au/au/legis/nsw/consol_reg/lpugr2015372/s52.html) (checked 2026-10-22)
- [Legal Practice Board of Western Australia, trust account management](https://www.lpbwa.org.au/trust-account-management) (checked 2026-10-22)

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/obligations/trust-accounting-and-handling-client-money/prepare-a-trust-account-statement-for-the-person-for-whom-trust-money-is/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*