These summaries were prepared by McGuireWoods LLP lawyer Thomas E. Spahn. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar, McGuireWoods or its clients. 
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40-Trust Accounts

A lawyer may deposit personal funds in a trust account "reasonably sufficient" to pay bank charges, although banks' differing procedures make it impossible to establish a "specific maximum amount that may be deposited."

Copyright 2000, Thomas E. Spahn