This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
The examples and perspective in this article may not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.(January 2013) (Learn how and when to remove this message)
Parts of this article (those related to New South Wales, Victoria and Western Australia) need to be updated. Please help update this article to reflect recent events or newly available information. Last update: 26 January 2024(July 2015)
The topic of this article may not meet Wikipedia's general notability guideline. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted. Find sources: "Trust money" – news · newspapers · books · scholar · JSTOR(May 2024) (Learn how and when to remove this message)
(Learn how and when to remove this message)
In Australia, trust money in the legal industry is the money a law practice holds on behalf of a client or other people in the course of, or in connection with, the provision of legal services.[1] Trust money is required to be held by a law firm on a client's behalf in a trust account with a bank and is highly regulated. A lawyer or law firm should not appropriate a client's trust money until certain regulations are met, which are different for each state in Australia. The Australian system regulating lawyers and their trust accounts has been labeled by the Rudd Government as an "unwieldy monster".[2]
^The Law Society of New South Wales, Trust And Controlled Money Accounts
^Berkovic, Nicola (6 February 2009). "Kevin Rudd to create new regulations for the legal profession". The Australian.
In Australia, trustmoney in the legal industry is the money a law practice holds on behalf of a client or other people in the course of, or in connection...
The main belief behind the concept of a moneytrust is that the majority of the world's financial wealth and political power could be controlled by a...
government and the banks ... money ... is not backed by anything physical, and instead relies on trust. Of course, that trust can be abused ... we continue...
Chancery, commonly referred as equity. Historically, trusts have mostly been used where people have left money in a will, or created family settlements, charities...
A money order is a directive to pay a pre-specified amount of money from prepaid funds, making it a more trusted method of payment than a cheque. The money...
A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed...
longer good law. In Foskett v McKeown a trustee used trustmoney together with some of his own money to purchase a life insurance policy. Then he committed...
trust that it will be accepted by merchants and other people as a means of payment for liabilities. Fiat money is an alternative to commodity money,...
A Quistclose trust is a trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for any other...
buyer and seller. Shell companies and trusts: Trusts and shell companies disguise the true owners of money. Trusts and corporate vehicles, depending on...
charges of embezzlement and other crimes, including breach of trust, fraudulent intent, money laundering, computer crimes, and forgery. The victims were...
breach of trust, money laundering and abuse of power, while alleged mastermind Jho Low, by then an international fugitive, was charged with money laundering...
House Trust the following year. Virgin bought Northern Rock in January 2012 and rebranded the business as Virgin Money. In June 2018, Virgin Money agreed...
consultant speech and language therapist with Nottinghamshire Healthcare NHS Trust. Money, D. 1997. "A comparison of three approaches to delivering a speech and...
president of the Trust, filed a lawsuit against the Hershey Trust Company alleging that board members had been improperly using the Trust'smoney. One particular...
typically held in the form of a trust, a legal instrument that spells out who the beneficiaries are and what the money can be spent for. A trustee will...
Simpson [1944] AC 341 is an English trusts law and unjust enrichment case, concerning tracing and an action for money had and received. Various charities...
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these...
quantum valebant, account of profits, quasi-contract, constructive trust, money had and received, and so forth. Because the common law is mostly governed...
Trust International B.V. is a privately held company and a value-for-money-brand for digital lifestyle accessories which offers a wide range of products...
Capital and for Royalties. Investors' money is pooled together from the sale of a fixed number of shares which a trust issues when it launches. The board...
a privy mark was added to the obverse of the coin under "In God We Trust". Money portal Numismatics portal United States portal 50 State quarters America...
United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's...
institutions; and moneytrusts Broadly defined liquidity: M3 and CDs, plus money market, pecuniary trusts other than moneytrusts, investment trusts, bank debentures...
Global Information
