Trust accounts

26 Apr 2023

Important information relating to the trust account year ending 31 March 2023.

12 Jan 2023

The Society reminds members of the need to continually be alert to cyber fraud.

30 Jun 2022

Important information relating to the trust account year ending 31 March 2022.

4 Apr 2022

Important information relating to the trust account year ending 31 March 2022.

29 Nov 2021

Implications for trust money in eConveyancing matters (including PEXA).

5 Jul 2021

In our regular in-depth ethics case study, Professional Standards Manager Rob Reis discusses a recent case. When acting for a client who is purchasing property or a business in circumstances where there is no listing or selling agent, and the seller is self-represented, ensure that if there is a deposit paid into the trust account of the buyer’s solicitor (i.e. your law practice trust account), that there are dedicated special conditions dealing with the disbursement of those funds on settlement of the contract. From the Winter 2021 edition of Ethos.

5 Jul 2021

A case study from the 'Ethics and standards in practice' series.

30 Mar 2021

In our first in-depth ethics case study, Professional Standards Manager Rob Reis discusses a recent case. When acting for more than one client in relation to a common fund held in trust on behalf of those joint clients, a law practice must obtain express instructions (and more prudently in writing) from all clients in the matter before dealing with the funds held in trust. This is particularly relevant when a government agency issues a demand notice on a portion or all those funds held in trust. From the Autumn 2021 edition of Ethos.

29 Mar 2021

A case study from the 'Ethics and standards in practice' series.