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

 

Sept. 6, 2022

Statement on the Passing of Harold Kleinman, TAJF's Founding Chair

Aug. 12, 2022

Senator John Cornyn Honored for Access to Justice Efforts

May 26, 2022

TAJF Creates Tottenham Veterans Justice Fellowship

March 31, 2022

TAJF Receives $20 Million from TDHCA to Provide Housing Legal Services

Nov. 10 , 2021

Legal Aid Crucial for Veterans - Chief Justice Nathan Hecht, Justice Chari Kelly, San Antonio Express-News

Aug. 25, 2021

TAJF Receives $20 Million from TDHCA to Provide COVID-related Housing Legal Services

June 16, 2021

Texas Legislature Provides Funding for the State's Legal Aid System

May 11, 2021

TAJF Executive Director honored with national Innovations in Equal Justice Award

Apr. 15, 2021

Help sexual assault survivors and support legal aid - Justice Eva Guzman, Houston Chronicle

Mar. 3, 2021

Hurting from the pandemic and storm, more Texans need legal aid - Chief Justice Nathan Hecht, Austin American-Statesman

More news

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