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iolta hsba login renew now about us board officers directors contact us governance hawaii state bar foundation living legend lawyers member demographics past presidents of the hsba president s message staff annual reports membership committees of the hsba faqs get involved hsba bar card iolta lawyer resources member benefits neighbor island bar associations new admittee information register sections senior counsel division specialty bar associations young lawyers division lawyer well being events programs annual leadership institute awards calendar continuing legal education communications events jac bench bar manuals mandatory continuing legal education for the public find a lawyer legal lines legal help career center about us membership events programs for the public career center board officers directors contact us governance hawaii state bar foundation living legend lawyers member demographics past presidents of the hsba president s message staff annual reports committees of the hsba faqs get involved hsba bar card iolta lawyer resources member benefits neighbor island bar associations new admittee information register sections senior counsel division specialty bar associations young lawyers division lawyer well being annual leadership institute awards calendar continuing legal education communications events jac bench bar manuals mandatory continuing legal education find a lawyer legal lines legal help iolta interest on lawyer s trust accounts understanding iolta in hawaii the hawaii justice foundation hjf and hsba administer the iolta program funding legal services and justice initiatives through interest earned on client trust accounts visit hawaii justice foundation the hawaii justice foundation hjf administers the interest on lawyer s trust account iolta program for the state of hawaii below you ll find information and resources to help you comply with rule 11 of the rules of the supreme court of hawaii and establish your iolta account properly getting started establishing an iolta account compliance annual certification iolta approved banks establishing an interest on lawyer s trust iolta account enclosed for your information and use is a two page information sheet entitled complying with rule 11 that describes the basic requirements of rule 11 of the rules of supreme court of hawaii this information sheet lists the various banks in hawaii that offer iolta accounts and we think you will find the process easier than you probably now imagine enclosed also is form 2 which is the form you should give to your bank regarding establishing your trust account your iolta account is commonly referred to as your trust account since the funds in the iolta account are held by you in trust for your client until fees and costs are earned and billed to the client at which time they can then be transferred to another appropriate location please work directly with your bank to establish your iolta account please fax or mail to hjf a copy of a voided check or deposit slip once you have your new iolta account established please note that under hrpc 1 15 b the title of the account should be client trust account and not clients trust account or client s trust account all typical monthly service fees other than special fees charged for cashier s checks insufficient funds etc are paid by your bank and or hjf the net monthly interest from your trust account is paid over to hjf and hjf uses this to fund various legal services projects and related activities all fifty states have similar programs we realize that it will take some of your valuable time to establish this iolta account and we appreciate your efforts the office of disciplinary counsel does require that unearned client fees be handled appropriately either through your iolta account or through a special trust account set up for a particular transaction you should contact the office of disciplinary counsel if you have specific questions or you can read rule 11 of the rules of the supreme court of hawaii rule 11 outlines in detail the requirements of iolta accounts maintaining and reporting your iolta account each year in november or early december the hawaii state bar association hsba will send you your hsba dues notice for the following year part of that dues information package will be your iolta certification which is a simple two sided form to meet your iolta reporting requirements all you do is complete and sign that two sided form and attach a void check or deposit slip from your iolta account you return the form to the hsba with your dues payment thus once you have the iolta account set up maintenance of your iolta account is relatively easy you are of course required to report to hjf any changes in the location of your iolta trust account we wish you the very best in your practice of law and thank you again for your cooperation download compliance certification form iolta approved and certified financial institutions the complying with rule 11 information sheet lists all financial institutions in hawaii authorized to hold iolta trust accounts these banks are certified under rule 11 of the rules of the supreme court of hawaii and have agreed to waive standard maintenance fees and remit interest to the hawaii justice foundation hjf to support legal services statewide view list of approved financial institutions events cle catalog hawaii state bar association 1100 alakea street suite 1000 honolulu hi 96813 18085371868 about us about hsba annual reports board officers directors governance hawaii state bar foundation living legend lawyers member demographics past presidents of the hsba president s message staff membership hsba membership committees of the hsba faq get involved hsba bar card iolta lawyer resources lawyer well being member benefits neighbor island bar associations new admittee information register sections senior counsel division specialty bar associations young lawyers division events programs hsba events programs 17th annual leadership institute awards calendar continuing legal education communications events jac bench bar manuals mandatory continuing legal education for the public resources for the public find a lawyer legal lines legal help contact hsba copyright privacy policy career center fastcase powered by
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