ReCon Worx provides Escrow Reconciliation for Trust Fund Accounts and offers Fraud Prevention Training and Support




Escrow and Trust Fund Services

ReCon Worx offers self-guided "Answer Bank" support to those providing escrow services, who have questions regarding Banking and Reporting Activity in the Trust Account.

Contact us to receive this Answer Bank document via email. The cost is $75, which may be applied toward any service purchased from Recon Worx within 30 days.

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Escrow and Trust Fund Services

Banking Procedures

  • Daily Balancing
  • Monthly Reconciling

Escrow and Trust Fund Services

Clearing Recon Exceptions

  • Understanding exceptions
  • Clearing exceptions on your trust account reconciliation report

Escrow and Trust Fund Services

Resolving Account Conflicts

  • Vetting double payments to payees
  • Retrieve double-paid funds
  • Handling returned bank deposits
  • Accounting for checks paid by bank, already adjusted
  • Resolving computer and bank discrepancies
  • Detecting unauthorized trust acct wires
  • Correcting bank charges on trust accounts

Escrow and Trust Fund Services

Preventing Trust Acct Conflicts

  • Overdrawing the trust account
  • Title company wires sent to wrong accounts
  • Savings account problems (bank and computer)

Escrow and Trust Fund Services

Transferring to a New Bank

  • Procedures required by government
  • Calculating amount to leave in old account
  • Instructing title companies on wiring

Escrow and Trust Fund Services

Reducing Escrow Fraud Risk
Escrow and Trust Fund Services

Questions regarding making your 1099s Filings? ReCon Worx offers self-guided "Answer Bank" support to those providing escrow services, who have questions.

Contact us to receive this Answer Bank document via email. The cost is $50, which may be applied toward any service purchased from Recon Worx within 30 days.

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Escrow and Trust Fund Services

Filing Procedures

  • Who must file?
  • Important annual filing dates
  • Step-by-Step Filing requirements
  • Is help available?

Escrow and Trust Fund Services

Reducing Escrow Fraud Risk
Escrow and Trust Fund Services

The following questions arise in the daily process of escrow. ReCon Worx can offer support to those providing escrow services through our self-guided "Answer Bank" which covers questions regarding Escheating Funds to the State of California.

Contact us to receive this Answer Bank document via email. The cost is $50, which may be applied toward any service purchased from Recon Worx within 30 days.

Contract All | Expand All

Escrow and Trust Fund Services

Escheating Trust Funds

  • Using the internet to complete required paperwork
  • Important annual filing dates
  • Manual reporting requirements
  • Tracking each escheated amount
  • Filing tips for future references
  • Is help available?

Escrow and Trust Fund Services

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