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    IOLTAs and Bank Closures

    Recent news about bank closures have created anxiety among lawyers, particularly relating to client trust accounts (IOLTAs).  Click here for information and some important reminders about how FDIC insurance works with regard to client trust accounts.  Have more questions?  Call Practice 2.0's free and confidential trust account helpline, 602-340-7305.

    Electronic Banking and Trust Accounts

    Have questions about whether you can use electronic banking services, particularly during this time of social distancing?  Check our guidance on using electronic banking services.  If you have questions, please call our Trust Account Helpline, 602-340-7305.

    Trust Account Helpline

    If you have questions about setting up or managing your trust account call the Trust Account Helpline at 602.340.7305 or email iolta@staff.azbar.org. Calls are free and confidential. Free, confidential 30-minute consultations are also available by phone, webcast (Go To Meeting) or at the State Bar of Arizona offices.

    Trust Accounting Reference Materials

    Trust Account Manual

    Trust Account Basics - some quick FAQs to get you started

    List of Approved Financial Institutions - These banks are authorized to hold IOLTA accounts

    Trust Account Forms

    You will need this form when you open, close or change your IOLTA account

    Notification to Financial Institution (PDF) (Word)

    When you've opened a new IOLTA account, made changes or closed one of your accounts, you no longer have to fill out and return a form.  This can be done directly through your member dashboard: Arizona IOLTA Enrollment/Change/Removal

    For administrative forms, including Trust Accounting, click here.

    Trust Account Management & Administrative Forms

    Trust Account Review
    Client Ledger Form
    General Ledger Form
    Administrative/Bank Charges Ledger Form
    3-Way Reconciliation Form
    Trust Account Forms (Excel - Sample)
    Trust Account Forms (Excel - Blank)

     

    Trust Accounting CLEs

    Check our CLE catalog and calendar for trust accounting seminars that offer CLE credit.  Seminars are available live in-person or webcast, and in our OnDemand catalog.

    Popular Seminars include Trust Account Basics and Hands On Trust Accounting CLE.