Account opening mistakes could have irreparable consequences for your customer and possibly their heirs. This seminar takes a look at the legal issues of opening personal accounts and how styling those accounts could make it easy for estate planning or a total nightmare.
This session will also assist customer contact staff in building a framework for addressing some difficult questions asked by your customer without giving tax or legal advice. Estate planning for your customer maybe affected by what you and your customer decide to do on a particular account.
Who is the best defense against fraud and loss at your Institution? Tellers on your frontline!
Tellers deal with checks every day; however, if they don’t deal with them in accordance with the “law of checks” – that is, the Articles 3 and 4 of the Uniform Commercial Code (UCC) - your institution could face unnecessary headaches and financial loss. Use this webinar to arm yourself and your staff with vital UCC information and examples.
When you register for this webinar, you will receive a complimentary 9-part toolkit, which includes the following materials:
= (1) Revocable vs. Irrevocable Trust Comparison Chart
= (2) Estate Plan Flow Chart
= (3) Trust Structure 101
= (4) U.S. State Trust Laws: Income Taxes & Trust Duration
= (5) Sample Power of Attorney Form
= (6) Sample Adult Guardianship Form
= (7) Sample Child Guardianship Form—When Parents Agree
= (8) Sample Child Guardianship Form—When Parents Will Not Agree
= (9) Social Security 19-Page Guide for Representative Payees
Revocable, Totten Trusts, Guardianships, Minor and Estate Accounts, Oh My! What are the differences in these accounts and what do they actually mean? If contemplating these various accounts makes you queasy, fear not! After attending this 90-minute session, that nauseated feeling will be replaced with steadfast resolve. The next time a binder full of legal trust documents lands on your desk, you'll confidently delve into the responsibilities of collecting the proper documentation; correctly titling the account; selecting the appropriate ownership; and, knowing who is legally allowed to access the account.