Law Society issues trust account checklist
The New Zealand Law Society's latest Practice Briefing is a Checklist for practices considering opening a trust account.
The checklist provides information on the requirements for operating a trust account, accounting requirements and procedures, making payments from trust accounts, deduction of fees, reporting requirements and a range of other matters which are relevant.
The Practice Briefing series is intended to provide lawyers with guidance and information on best practices. It does not constitute legal advice.
Last updated on the 19th January 2018