Opening Fiduciary Accounts: POA, Guardians, Estates & More
Learn how to style these accounts and get the signature card perfect every time.
Session 1 focuses on business accounts, including CIP, CDD and compliance. Session 2 reviews the set-up, documentation and legal issues involved in opening fiduciary accounts.
Your account holder, the federal government or the court has named someone legally to act on his or her behalf. Now what? What can these caregivers and fiduciaries do? What supporting paperwork must each bring? This program reviews the set-up, documentation and legal issues involved in handling these high risk accounts. You will learn how to style these accounts and get the signature card perfect every time.
- Different types of power of attorney (POA) documents
- Attorney-in-fact: what they can and can’t do, adding an attorney-in-fact to an account
- When do POAs cease
- Guardianships: court ordered accounts and documentation, how to set up guardianship accounts, do’s and don’ts on guardianships
- Estate Accounts: Letters Testamentary and Letters of Administration
- How to set-up and handle accounts at death
- Executors, Guardians, POA and other caregivers-authority, liability and paperwork
- Social security representative payee and veteran accounts
- Government benefit accounts signature card set up
- CIP requirements on all fiduciary accounts
Account representatives, CSRs, branch operations, branch managers, personal bankers, BSA and compliance officers and anyone who opens new accounts.
Deborah Crawford is the President of gettechnical inc, a Baton Rouge-based firm, specializing in the education of financial institutions across the nation. Her 27+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, insurance, complex compliance regulations and IRAs.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hours/session
Member price: $275.00 | Non member price $550.00
Member price: $295.00 | Non member price $590.00
Online: Visit the CBA Webinar Catalog
Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)
1516 Xavier St., Ste 500, Denver, CO 80204
Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)
- Preferred Payment Method: Online
- Please register online or by phone when paying with a credit card
- Payment Must Accompany Registration – Invoices are Not Provided
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.