Lawyer Trust Accounts

Background on IOLTA

In existence since 1984, Arizona's IOLTA program is based on Arizona Supreme Court Rule 43. The rule requires all lawyers receiving client funds in Arizona, or in connection with representation of clients in Arizona, to maintain an interest-bearing trust account to pool client funds when the funds cannot otherwise earn enough interest income for the client to be more than the cost of securing a separate account. Learn more.

Arizona Foundation for Legal Services & Education

Interest from IOLTA in Arizona benefits programs of the Arizona Foundation for Legal Services and Education, which fund legal services for the poor and law related education for Arizona's school children. Learn more.


Client Trust Accounting for Arizona Attorneys

This information is intended as a tool to help Arizona attorneys fulfill his or her ethical obligations to clients whose money and other properties the attorney holds in trust.  Even if you never intend to handle cases that will require you to hold money or other properties for clients, it's imperative that you understand these obligations. Also see Rule 43.

For Additional Information, phone the Trust Account Hotline 602.340.7305 or email IOLTA@azbar.org

Trust Account Tips

These quick tips may be a good refresher or a simple way to deepen your understanding of trust account obligations.

Checklist for Disbursing Against Uncollected Funds

Another helpful tool in managing your trust account is using a checklist for disbursing against uncollected funds.

Trust Account Manual

In depth trust account manual covering the rules and requirements of maintaining an Arizona trust account.

IOLTA Enrollment Form

An online IOLTA enrollment form and instructions are available on the Arizona Foundation for Legal Services & Education Web site. They are also accessible here.

Approved IOLTA Account Financial Institutions

Interest from IOLTA (Interest On Lawyers Trust Accounts) in Arizona benefits programs of the Arizona Foundation for Legal Services and Education, which funds legal services for the poor and law related education for Arizona's school children.