ABSTRACT
When a solicitor receives money to be held on trust, the general law obligations of a trustee apply. The duties of a trustee which apply to a solicitor in relation to trust funds include: • a duty to keep and render proper accounts and to give full
information when required; • a duty not to deal with the trust property for his/her own benefit,
or otherwise to profit by the trust; • a duty not to mix trust funds with his/her own funds or with other
funds; • a duty not to delegate his/her duties or powers.
