New Zealand Law Society - Law Society issues trust account checklist

Law Society issues trust account checklist

This article is over 3 years old. More recent information on this subject may exist.

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.