Payment of trust money into a trust account. Licensees under the Property and Stock Agents Act 2002 (the Act) must hold clients' funds in a trust account.

There are many different kinds of trust. As well as the types of trust described below, trusts include superannuation funds, charitable trusts and special ...

1 мар. 2023 г. · 8 types of trusts in Australia · 1. Fixed trusts · 2. Unit trusts · 3. Testamentary trusts · 4. Discretionary trusts (Family trusts) · 5. Hybrid ...

15 июл. 2024 г. · The 5 Types of Trusts in Australia · 1. Discretionary Trusts · 2. Fixed Trusts · 3. Hybrid Trusts · 4. Testamentary Trusts · 5. Special Disability ...

A general trust account must be operated by the principal of a law practice who is authorised to receive trust money.

18 февр. 2024 г. · A trust account holds funds on behalf of others. This guide covers their purpose, regulation, and the role of audits and accounting. Understanding Trust Accounts · Setting Up a Trust Account

Different types of Trust Funds include: · – General Trust Money · – Controlled Money · – Transit Money · – Power Money · – Written Direction Money.

12 февр. 2019 г. · Fixed unit trust. A fixed trust in which interest in the income and capital of the trust are represented by units ; Hybrid trust.

Types of Real Estate Trust Accounts in NSW · Rental Trust Account: This account is used for holding rental payments made by tenants. · Sales Trust Account: This ...