Trust Accounting Forms and Resources
For all trust accounting and trust form enquiries please contact John Zuleta at john.zuleta@lst.org.au.
- Trust Form 1 Investment Money Register
- Trust Form 2 Trust Account Monthly Reconciliation
- Trust Form 3 Receipt
- Trust Form 4 Register of Powers & Estates
- Trust Form 5 Record of Controlled Money Movements
- Trust Form 6 Opening a General Trust Account
- Trust Form 7A Notification Intention to Close or Cease Practice
- Trust Form 7B Notification of Practice Ceasing to Receive or Hold Trust Money
- Trust Form 8 Notification – Trust Account Signatories & EFTs
- Trust Form 9 Report of an Irregularity
- Trust Form 10 Designated Deposit Account
- Trust Form 11 Certificate of Bill of Exchange
- Trust Form 11A Bill of Exchange
- Trust Form 12 Application for Exemption from lodging into DDA
- Trust Form 13 Closing a General Trust Account
Trust Accounting Calendar of Key Dates (view here)
Legislation
Legal Profession Act 2007 (Tas)
Legal Profession Regulations 2018, SR 2018, No.66
Law Practice Checklist for Trust Account Operations 2019
Online Trust Account Course
Council recently endorsed a new online trust accounting course offered by the Legal Bookkeepers Institute (legalbookkeepersinstitute.com.au). The online course was developed with the assistance of the Society and in particular the Solicitors Accounts Rules Committee. Council recently resolved that all practitioners who are granted a principal practising certificate for the first time will be required to complete the online course. The course covers all of the basics of trust accounting. It provides a good refresher for those who may be familiar with trust accounting requirements and a solid foundation to those who are dealing with trust accounting for the first time. It is suitable for professional and administrative staff to undertake.