Law Society Forms

Trust Account Forms

 
TA-1 Trust Account Commencement (Rule 1201)

Form TA-1

Must be completed and filed within 30 days of commencing practice and receiving trust monies or opening a bank trust account, unless the member meets requirements of Rule 1201(1)(b) and files an Exemption Report (TA-7).

Note: the TA-1 and TA-7 have been combined into one form. Please complete only the appropriate section.

TA-2 Power of Attorney (Rule 1203)

Form TA-2

Completion provides the Law Foundation of Saskatchewan with power of attorney to assess the accuracy of interest received or that should be received by the Law Foundation in regard to pooled trust accounts maintained by members/firms. This form must be filed within 3 months of the member/firm fiscal year end.

TA-3 Practice Declaration (Rule 1203)

Form TA-3
Questions and Answers (Form TA-3, TA-5, TA-5R)

Must be completed by all members/firms operating a trust account at any time during the fiscal year. This form must be filed within 3 months of the member/firm fiscal year end or termination of practice.

TA-5 Accountant's Report (Rule 1203)

Form TA-5
Questions and Answers (Form TA-3, TA-5, TA-5R)
Accountant's Instructions - Form TA-5 and TA-5R

Members/firms may be exempt from filing an Accountant's Report (TA-5 or TA-5R) for a particular year if approval has been received from the Law Society of Saskatchewan. Exemption status is determined on an annual basis.

Members/firms not receiving a written exemption from filing an Accountant's Report for a particular year are required to file either a TA-5 or TA-5R. The TA-5 is selected for completion for firms based on predetermined criteria (i.e. number of issues and complaints in previous years). The Accountant's Report must be filed within 3 months of the member/firm fiscal year end or termination of practice.

TA-5R Accountant's Report (Random)

Form TA-5R
Questions and Answers (Form TA-3, TA-5, TA-5R)
Accountant's Instructions - Form TA-5 and TA-5R

Members/firms may be exempt from filing an Accountant's Report (TA-5 or TA-5R) for a particular year if approval has been received in writing from the Law Society of Saskatchewan.  Exemption status is determined on an annual basis.

Members/firms not receiving a written exemption from filing an Accountant's Report for a particular year are required to file either a TA-5 or TA-5R.  The TA-5R is selected on a random basis for firms that would be otherwise exempt.  The TA-5R is also required to be completed for each of the first two years that a firm is practicing and in the year in which a firm terminates.  Annual written approval from the Law Society of Saskatchewan is required to file a TA-5R.  The Accountant's Report must be filed within 3 months of the member/firm fiscal year end or termination of practice.

TA-7 Trust Account Exemption (Rule 1201)

Form TA-7

Provides exemption from filing a trust account Commencement Report (TA-1) if the member does not receive or handle trust funds. This request for exemption must be filed within 30 days of commencing practice.

Note: the TA-7 and TA-1 have been combined into one form. Please complete only the appropriate section.

TA-8 $25 Million Non-Cheque Transfer Requisition Form (Rule 942)

Form TA-8

Rule 942 (2) requires all trust amounts in excess of $25 million be withdrawn electronically following strict procedures and protocols as outlined in the Rule and in this form.

TA-9 Unclaimed Trust Funds - Payment Application (Rule 1301)

Form TA-9

Rule 1301 provides for funds in excess of $50.00 held in trust for 2 or more years to be paid to the Law Society upon submissions and approval of Form TA-9 (Unclaimed Trust Funds - payment application).  Amounts under $50.00 held in trust for 2 or more years may be received by the Law Society as part of the annual reporting process provided certain criteria are met.