October 2025

Three things to know: As lawyers, we’re used to dealing with other people’s money. Usually that sits in our trust account, and we won’t act on it or do anything with it unless we receive specific instructions from our client. A body corporate general account, sinking fund or administrative fund isn’t the same as trust monies, but it’s not far from it. There’s a saying in relation to dealing with other people’s money that you should treat it as if it was your own. I don’t necessarily think that’s the case for a body corporate. How we as individuals deal with our own personal financesRead More →