Opening Fiduciary Accounts: Trusts, POAs, Estates, Guardianships and More

When you begin to open accounts for fiduciaries, you have moved out of the minor league into the major league! These are harder accounts. Who can do what? The answer can cost your financial institution thousands of dollars if you don't understand each fiduciary and his or her role and responsibilities. We'll walk through POAs, custodians, representative payees, court ordered accounts, trustees and bankruptcy. We'll also look at the paperwork and duties of each person to better understand your responsibilities.

Topics Covered:

  • Do's and Don'ts on Fiduciary Accounts
  • CFPB weighs in on caregivers, fiduciaries and elderly issues
  • Account titling, ownership and legal issues
  • Who can sign?
  • Can we have a POA or authorized signer on a fiduciary?
  • Can we deposit checks made payable to a deceased person in an estate account?
  • A look at checks, signature cards, federal issues, court orders and legal paperwork
  • W-9s and withholding issues
  • Rights of offset against Fiduciary Accounts, Overdraft Protection and Debit Cards
  • And more...

Who Should Attend?

Everyone who opens deposit accounts, manages branches, or works with branch administration, training and deposit accounts.


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   OnDemand Recording - $295   
   CD-ROM - $345