Home
Forms Library
Attorneys Annual Statement on Trust Accounts

Attorneys Annual Statement on Trust Accounts 2026

Attorneys Annual Statement on Trust Accounts Preview on Page 1

See details

4 out of 5

45 votes

The document is an Attorney's Annual Statement on Trust Accounts, submitted to the Law Society of the Northern Provinces. It outlines the compliance of the attorney's firm with accounting regulations and requirements for maintaining trust accounts as per the Attorney’s Act. The statement includes details about the firm's application for a Fidelity Fund Certificate, compliance with financial regulations, reconciliation of trust account interest, and information regarding any changes in firm composition. Additionally, it addresses reporting obligations related to cash transactions and suspicious activities under the Financial Intelligence Centre Act.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Attorneys Annual Statement on Trust Accounts with DocHub

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the Attorneys Annual Statement on Trust Accounts in our editor.
Begin by entering your firm's letterhead details, including the address and date at the top of the form.
In the first section, list all attorneys in your firm applying for the Fidelity Fund Certificate. Ensure you include all relevant names.
Proceed to the compliance representations section. Confirm that you have maintained necessary accounting records as required by law, filling in specific details such as dates and compliance status.
Complete the reconciliation of interest earned on trust accounts by accurately entering amounts for each category, ensuring totals align with your accounting records.
Finally, review all entries for accuracy before signing off on the document. Use our platform's features to save and share your completed form easily.

Start using our platform today to streamline your document editing and ensure a hassle-free completion of your Attorneys Annual Statement!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do solicitors get interest on trust accounts?

Although the ban on crediting interest to current accounts was lifted with the deregulation of banking in 1984,[65] the practice of not crediting interest to solicitors trust accounts has generally remained unchanged.

Do trusts have financial statements?

Trustees must provide financial statements that consist of: a statement of financial position setting out the assets, liabilities, and net assets of the trust as at the end of the return year, and.

What is a trust account statement?

(3) A trust account statement is to contain particulars of-- (a) all the information required to be kept under the Uniform Law or these Rules in relation to the trust money included in the relevant ledger account or record, and. (b) the remaining balance (if any) of the money.

Do trust accounts have statements?

Trust account statements provide a detailed record of income, expenses, and distributions. Review these statements carefully to make sure everything is accurate. Here are a few tips for beneficiaries: Look for discrepancies: Compare the statement to the terms of the trust.

Do trusts need to be audited?

The decision largely hinges on the trust deed itself. Some older trust deeds explicitly require audits as part of their governance framework. Trustees must adhere to these provisions to avoid bdocHubing their fiduciary duties laid out in the trust deed.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

Related forms

be ready to get more