With certain exceptions, attorneys are required to create and maintain interest-bearing trust accounts (IOLTA accounts). These are bank accounts into which an attorney or firm deposits client funds that either are so small in amount, or will be held for such a short amount of time, that they will not to earn interest income sufficient to cover the costs incurred to secure such income. Interest earned on IOLTA accounts is paid to the Indiana Bar Foundation to support pro bono legal aid and other public services.
As a licensed Indiana attorney, you must provide an annual IOLTA certification to the Clerk of the Supreme Court as part of the annual attorney registration process, even if you are exempt from having to maintain an IOLTA account. It's your responsibility to understand whether you should maintain an IOLTA account or qualify for an exemption. For more information about IOLTA, see:
To begin your certification process, first select your current IOLTA status. If we already have IOLTA information on file for you, and it has not changed, click "No Changes" to move on to the IOLTA certification. If the IOLTA information has changed, or if you have never completed an IOLTA certification before, choose your current status from the three options available:
Click "Continue" to certify and save your new IOLTA information.
Adding an Account. If you have, or your firm has, an IOLTA account, then you must add the account information into the portal. To add an IOLTA account, use the "Add New IOLTA Account" section under "Manage IOLTA Accounts."
You can find account and routing numbers on your IOLTA account checks.
If you have multiple Indiana IOLTA accounts, repeat the same steps to add more accounts. If you want to edit an account, you will need to remove it and a supply the new information associated with your updated IOLTA account through the "Add New Account" feature.