Expanding access to civil legal services in Wisconsin.

WisTAF

OUR MISSION

The Wisconsin Trust Account Foundation Inc. (WisTAF) is dedicated to equal access to the civil justice system, funding legal services for low-income persons through the fair and effective administration of Interest On Lawyers' Trust Accounts (IOLTA), Public Interest Legal Services Fund (PILSF), and other sources.

Federal Open Market Committee raises federal funds rate target range

The Federal Reserve Board of Governors released a statement Wednesday indicating that the Federal Open Market Committee decided to raise the target range for the federal funds rate to 1/2 (0.5) to 3/4 (0.75) percent. "Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. more


Supreme Court re-creates trust account rule expanding the use of electronic transactions in trust and fiduciary accounts

Supreme Court re-creates trust account rule; amends related rules: On April 4, 2016, the Wisconsin Supreme Court repealed and re-created SCR 20:1.15—Safekeeping property; trust accounts and fiduciary accounts, and amended SCR 20:1.0, SCR 20:1.5 and SCR 22.39, effective July 1, 2016. Order, Petition No. more


New source of funds for civil legal aid approved by Supreme Court

On April 13, 2016 the Wisconsin Supreme Court voted unanimously to adopt a change proposed by the Access to Justice Commission that will result in a new source of funds for civil legal aid to the indigent in Wisconsin. The court acted following a public hearing on Petition 15-06, which was filed by the Access to Justice Commission. more


WisTAF Announces $978,000 in Grants to Agencies Assisting Low-Income Wisconsinites with Civil Legal Needs

Madison. November 1, 2015 – The Wisconsin Trust Account Foundation, Inc. (WisTAF) announced grant awards totaling $978,250 to agencies providing civil legal services for Wisconsin’s poor and underserved in 2016. The funding, which is a 32 percent reduction from 2015 levels, falls far short in addressing the justice gap that exists for Wisconsin’s low-income population hit hardest by the long-lasting effects of the Great Recession. more


Petition for E-Banking rules filed: Facilitating electronic banking in lawyer trust accounts and fiduciary accounts

On December 17, 2014, the Wisconsin Office of Lawyer Regulation filed a petition seeking the amendment of several Wisconsin Supreme Court Rules to facilitate electronic banking in lawyer trust accounts and fiduciary accounts. The Petition, which follows over two years of work by the Committee on E-Banking, includes a proposed re-creation of the trust account rule (SCR 20:1. more


Credit Union Share Insurance now covers IOLTAs

Credit Union Share Insurance now covers IOLTAs: On December 18, 2014, President Obama signed the Credit Union Share Insurance Fund Parity Act, which provides insurance coverage, comparable to FDIC insurance coverage, for funds held in IOLTA accounts at federally insured credit unions.   More information more


Scam emails target IOLTA accounts

Legal professionals holding IOLTA accounts should beware of any email indicating that their IOLTA accounts have “insufficient funds.” The Wisconsin Office of Lawyer Regulation (OLR) has received notice of an email scam that is targeted at lawyers and their IOLTA accounts. It''s likely that such messages are part of a broader phishing attack targeted to legal professionals and should be deleted or marked as spam upon receipt. more


Access to Justice is a Nonpartisan Issue ... Unless You Live in Wisconsin

June 6, 2013 - When the Wisconsin Access to Justice Commission meets on Friday it will be bittersweet due to the refusal by state legislators to take action that would remove Wisconsin from the list of only four states that provide no state funding to support civil legal services to the indigent. (From the Wisconsin Access to Justice Web site) More   more


Full insurance coverage on IOLTAs terminated as of December 31, 2012

In 2010, full insurance coverage on IOLTA accounts was extended through December 31, 2012. That coverage has not been extended, and the $250,000 cap is once again in place. The FDIC explains its insurance coverage on IOLTA accounts as follows: After December 31, 2012, funds deposited in IOLTAs will no longer be insured under the Dodd-Frank Deposit Insurance Provision. more


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UPCOMING MEETINGS & EVENTS
July 22, 2019
Stakeholder Listening Session
August 19, 2019
Grantee Listening Session
August 30, 2019
Finance Committee Teleconference
September 10, 2019
Grants & Evaluation Committee Meeting
September 17, 2019
Board Strategic Planning Meeting
September 27, 2019
Executive Committee Teleconference
October 11, 2019
Board of Directors Meeting
WHAT'S NEW
WisTAF is accepting 2020 Direct Legal Services Grant Applications
WisTAF is accepting 2019-20 DVSA Grant Applications
WisTAF Announces $1,222,750 in Grants to Agencies Assisting Low-Income Wisconsinites with Civil Legal Needs
WisTAF Has Moved!
WisTAF has begun accepting applications for 2019 Community Redevelopment Legal Assistance Grant Program

More...

PRIME PARTNER SPOTLIGHT

A Prime Partner member of the Wisconsin IOLTA program since 2010, First Bank Financial Centre strives to be the most admired community bank in the State of Wisconsin. First Bank Financial Centre goes above and beyond IOLTA participation requirements by paying additional interest on its clients' IOLTA accounts - helping to expand access to civil legal services in Wisconsin.


Contact us
WisTAF
4600 American Parkway, Suite 104, Madison, WI 53718
Phone: 608.257.6845 or 877.749.5045 (toll-free)
Email: service@wistaf.org

Board & Staff
WisTAF
Board of Directors
WisTAF
Rebecca Murray, Executive Director
WisTAF
Tehmina Islam, IOLTA Program/Office Manager
WisTAF
Carlos Arenas, Program Manager
WisTAF

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