Do You Need an IOLTA Account?

Issues that determine whether an account will generate net interest are:

  • Interest rate paid on the account
  • Amount of service fees charged on the account*
  • Minimum balance requirements on the account
  • Average daily balance in the account

 * Service charges on IOLTA accounts are billed directly to, and are paid by, the
Texas Access to Justice Foundation and may not appear on attorneys' bank statements.

See also:

Instructions on opening an IOLTA account

IOLTA Notice Form

Financial considerations of maintaining separate client accounts

"A Lawyer's Guide to Client Trust Accounts"

 

Recent News

 

May 2020

Join us for Justice Jam - May 20  A musical fundraiser for the Emergency Legal Aid Fund

April 16, 2020

Legal Aid for Survivors of Sexual Assault Essential and Readily Available During COVID-19 Pandemic

April 9, 2020

TAJF Establishes Emergency Legal Aid Fund to Help with COVID-19 Pandemic

Mar. 24, 2020

Statement on COVID-19 and the Impact on Legal Aid

Feb. 10, 2020

Keystone Bank Joins Prime Partner Bank Program

Dec. 23, 2019

TAJF Awards Grants in Honor of John Grisham, 35th Anniversary

Nov. 6, 2019

Texas Veterans Legal Aid Week is Nov. 10-16

Oct. 28, 2019

Best-selling author John Grisham highlights TAJF's 35th Anniversary: Richard Tate Honored with Kleinman Award

Oct. 8, 2019

TAJF Adds Three New Members to Board of Directors

Sept. 12, 2019

David Insley Awarded Randall Chapman Fellowship

Aug. 12, 2019

John Grisham Will Be Special Guest at TAJF 35th Anniversary Dinner

June 10, 2019

Texas Capital Bank Joins Prime Partner Program

April 15, 2019

MidSouth Bank Joins Prime Partner Program

April 5, 2019

Sexual assault is more common than you think - by Justice Eva Guzman - Houston Chronicle

April 4, 2019

Legal Aid Provides a Lifeline for Victims - by Betty Balli Torres - Austin American-Statesman  

 

 

More news

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