Lawyers Trust Fund | HOME

 

Follow us on Facebook!

 

 

 

 

The Lawyers Trust Fund of Illinois (LTF) is the leading state-level funder of civil legal aid to the poor in Illinois. LTF's grants support non-profit organizations that provide a legal safety net for low-income people with desperate needs and nowhere else to turn. These legal aid organizations augment the legal system and ensure that the door to justice is open to every Illinoisan, regardless of their income and resources. In 2010, the legal aid grantees funded by LTF provided services in 173,205 cases.

 
Learn more:
LTF's current year grants
 

LTF's history and purpose
 

Eligible Financial Institutions
Looking for a bank for your IOLTA account? Consult LTF’s list of financial institutions that meet the eligibility criteria under Rule of Professional Conduct 1.15.

Amendments to Rule 1.15
Rule 1.15 was amended effective September 1, 2011. The amended rule includes several important changes, including clarification that all client funds must be held at interest, provisions for a trust account overdraft notification system, and updated recordkeeping requirements. Review the amended rule and read a summary of the key changes.

Support Legal Aid through a Cy Pres/Residual Funds Award
Click here to learn about directing residual funds to sustain legal aid in Illinois.

IOLTA Basics for Attorneys

Establishing an IOLTA Account

IOLTA Rules & Resources

Eligible Financial Institutions

Electronic Enrollment Form

 

 IOLTA Basics for Banks

 IOLTA Instructions for Banks

 IOLTA Forms & Reports

 Requirements for Eligible Financial Institutions

 

Effective April 1, 2009:

The "Safe Harbor" interest rate
for IOLTA accounts is
1.00%

 
 
Legal Aid Safey Net
Two Prudential Plaza   180 North Stetson Ave.   Suite 820   Chicago, IL 60601   (312) 938-2906 [Main]   (312) 938-3091 [Fax]    1-800-624-8962 [Toll Free]