Formal, Informal, Revocable, Irrevocable, Minor Custodial Accounts, Court Ordered Accounts - what does it all mean? It never fails to raise the panic level when someone dumps a binder full of legal documents on your desk and requests to open a revocable living trust account, estate account, or an account for a minor. This two-hour webinar, Part III of a three-part series, will discuss why revocable trusts have become so popular, documentation options, titling accounts correctly, and allowing proper access to Trust, Fiduciary, Court Ordered, and Minor accounts. not only during the lifetime but at the death of a signer. Part II of this three-part series encompasses Business Accounts and Part I addresses Personal and Consumer Accounts.
It is suggested that attendees have copies of their bank's account agreement and signature card to use as a reference during the session.
Who Should Attend
Customer contact personnel, supervisors, and officers whose responsibilities include opening or managing new accounts. Personal Bankers, BSA Officers, Deposit Operations, Branch Administration, CIP Managers, Training and Business Development Officers, Internal Auditors, and Compliance Officers will find the information beneficial. Lending assistants and officers will find the information informative as well.