Wisconsin attorneys' banking relationships matter.

WisTAF

 

The simplest way to support IOLTA’s mission is to maintain your IOLTA account at a Prime Partner financial institution, which pays interest rates that are at least 0.50% higher than required under the Wisconsin Supreme Court’s IOLTA interest rate comparability requirement. The additional interest results in more funding for civil legal aid in communities throughout Wisconsin.

 

 

Managing your client trust account

Lawyers have fiduciary obligations to safeguard and account for the funds and property of clients and others in their possession. A trust account must be maintained to hold the funds of clients and third parties that come into a lawyer’s possession in connection with a representation.

Examples of funds which must be placed in trust accounts include:

  • Personal Injury Settlements
  • Divorce Settlements
  • Real Estate Escrows and Closing Proceeds
  • Advanced Fees for legal services
  • Cost Advances

Please see the Wisconsin Office of Lawyer Regulation (OLR) website for more information on how to manage your trust account.


For questions specific to managing your trust account, please contact the Wisconsin Office of Lawyer Regulation (OLR):

110 East Main Street, Suite 315
Madison, WI 53703-3383
Phone: (877) 315-6941, option 2
Fax: (608) 267-1959


 

UPCOMING MEETINGS & EVENTS
February 15, 2019
Executive Committee Teleconference
March 1, 2019
Board of Directors Meeting
May 10, 2019
Grants & Evaluation Committee Meeting
August 30, 2019
Finance Committee Teleconference
September 10, 2019
Grants & Evaluation Committee Meeting
September 27, 2019
Executive Committee Teleconference
October 11, 2019
Board of Directors Meeting
WHAT'S NEW
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
WisTAF has begun accepting applications for 2019 WisTAF Direct Legal Services Grant Program
Wisconsin Trust Account Foundation, Inc. Announces New Community Redevelopment Grant Funding Opportunity

More...

PRIME PARTNER SPOTLIGHT

A Prime Partner member of the Wisconsin IOLTA program since 2017, Farmers & Merchants Bank - Tomah, strives to be the most admired community bank in the State of Wisconsin. Farmers & Merchants Bank - Tomah 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, Office Manager
WisTAF
Carlos Arenas, Program Manager
WisTAF

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