Why We Built This
A good attorney almost lost his license.
We built IOLTATrusts so it doesn't happen to yours.
IOLTATrusts was built by a CPA who works with law firm clients. A few years ago, one of those clients — a solo practitioner with a good reputation and a clean disciplinary record — called in a panic. He had received notice that the state bar was reviewing his trust account records.
His error wasn't intentional. He had been tracking client funds in a spreadsheet, doing his best to follow bar rules, and genuinely believed his records were in order. They weren't. Transactions had been entered inconsistently, reconciliations hadn't been completed every month, and there was no documentation that met the formal three-way reconciliation standard his state required.
He came to our firm to help him reconstruct three years of trust accounting records from bank statements, canceled checks, and client files. It took weeks. Then we accompanied him before the state bar.
He received a penalty. He could have been disbarred. The cost of reconstructing his records and appearing before the bar — just the accounting and professional fees — was more than what a service like IOLTATrusts would have cost him for fifteen years.
And that doesn't count the stress, the lost sleep, or the months of uncertainty about whether he would still have a career.
What struck us most was that none of it needed to happen. He wasn't dishonest. He wasn't careless in the way people imagine when they hear "trust account violation." He was a solo practitioner trying to manage his practice, serve his clients, and keep up with paperwork — and the tool he was using to track trust funds simply had no way to stop a mistake before it became a violation.
Spreadsheets don't prevent a disbursement that takes a client's balance negative. QuickBooks doesn't produce a signed three-way reconciliation report. Neither one alerts you when a month goes by without a reconciliation. And neither one generates the audit package a bar examiner expects to see.
IOLTATrusts was built to close those gaps — not to replace the tools attorneys already use, but to handle the one job that general accounting software was never designed to do: enforce the specific compliance rules that bar associations impose on client trust accounts.
What That Means in Practice
Designed by a CPA, not a software company
IOLTATrusts was built by someone who has sat across the table from a bar examiner, reconstructed years of trust account records from scratch, and watched a penalty land that should never have happened. Every feature reflects what actually matters in a bar compliance review — not what looks good in a feature comparison matrix.
The goal is prevention, not recovery
A bar violation is always cheaper to prevent than to remedy. IOLTATrusts is built to stop the problems that cause violations — negative client balances, missed reconciliations, altered closed periods, missing reports — before they happen, not after.
Small firms shouldn't have to pay enterprise prices
The attorneys most at risk are solo practitioners and small-firm attorneys who don't have a dedicated bookkeeper watching their trust account every day. IOLTATrusts is priced so that compliance isn't something you weigh against other expenses. Plans start at $19.99 a month — less than an hour of attorney billing time.
It works with QuickBooks, not instead of it
Most attorneys already use QuickBooks for their firm's operating finances. IOLTATrusts handles the trust accounting compliance QuickBooks wasn't built for, and syncs trust transactions back to QuickBooks Online automatically so your books stay current.
Who IOLTATrusts Is For
IOLTATrusts is built for solo practitioners and small law firms — the attorneys who are most likely to be managing their own trust accounts, most likely to be doing it in a spreadsheet or a workaround, and most likely to be unprepared when a bar examiner calls.
You don't need to have made a mistake to benefit from it. You just need to manage client funds — and want to know that if a bar examiner ever reviewed your records, everything would be exactly where it needs to be.
The cost of a bar complaint is never worth the cost of prevention.
IOLTATrusts handles three-way reconciliation, client ledgers, signed reports, and audit packages automatically. Plans from $19.99/month. 14-day free trial — no credit card required.
Start your free trial →