Interest on Lawyers Trust Accounts (IOLTA)
What is IOLTA?
~ Funding law-related public interest programs at no cost to attorneys or law firms.
Through the IOLTA (Interest on Lawyers Trust Accounts) program, the Idaho Law Foundation works with members of the Idaho State Bar and the Idaho banking community to allow attorneys to place client funds which are nominal in amount or held for a short period of time into pooled interest-bearing accounts.
For every $1 earned through IOLTA, $.95 goes directly to fund IOLTA grants.
Attorneys and Law Firms can have a significant impact on the IOLTA program’s ability to fund important and necessary services for Idaho communities. Contact Carey Shoufler at (208) 334-4500 to find out how you can help.
IOLTA rule change
Is your account an IOLTA account?
Steps to open an IOLTA account
IOLTA Grant Recipients
Other questions about IOLTA