Transfers Between Trust Ledgers

Trust money may be transferred between trust ledgers only pursuant to a transfer document:

    • signed and dated by a lawyer; and
    • showing:
      • the date the transfer was approved;
      • othe date of transfer;
      • the source file; and
      • the destination file.

The transfer document must be maintained with the client file. When recording a transfer of trust money between client trust ledger accounts, the transaction must be included on the trust ledger account for both parties and recorded in the trust transfer journal. 

Last modified: Monday, 21 August 2023, 10:42 AM