Understanding the IOLTA and Other Trust Account Financial Institution Reporting

As of January 1, 2026, California attorneys who maintain client trust accounts now face new compliance requirements for all existing and new IOLTA accounts. Attorneys must now supply the financial institutions holding their California client trust accounts with specific information in order for those institutions to maintain State Bar license numbers for the designated licensees associated with those accounts. Join the presenter as they unpack these new obligations. The presenter will also walk through the practical steps attorneys must take for compliance for new and existing IOLTA accounts, and the specific obligations that attach to the attorney designated by the firm as its IOLTA account trustee. Attendees will leave with a clear understanding of what CTAPP now requires and how to avoid falling out of compliance.