California's Designated Licensee Mandate: The July 1 Deadline and How Trust Accounting Software Keeps You Compliant

Effective January 1, 2026, every California client trust account must have a named 'designated licensee' personally accountable for compliance, and firms have until July 1, 2026 to file Notice to Financial Institutions forms. Here is what the rule requires and how purpose-built trust accounting software makes the new personal-accountability standard manageable.