Overview

Trust money can be received in a variety of ways (per LPA s 216) and in a variety of forms.

The procedural and record-keeping rules that apply to trust money vary, depending on the way in which the money is classified.

In some cases, an amount of trust money received may fall within more than one class.

In this Section

Power Money  

What is trust money subject to a power, and how should it be dealt with?

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Controlled Money  

What is controlled money, and how do I properly receipt and register it?

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Investment Money  

How do I deal with trust money invested on behalf of a client?

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