This is for Part 2 only. For series pricing, CLICK HERE.
A Fiduciary is a legal representative for someone who has either delegated authority to another individual or is mentally or physically unable to manage their affairs. It never fails to raise the panic level when a Trustee, Guardian, Executor, or POA agent dumps a binder full of legal documents on your desk and requests to open an account. To compound the anxiety, the actual owner of the funds typically is not present. Understanding what documents can be required to validate the Fiduciary's authority and protect the financial institution is crucial. This three-hour comprehensive webinar, Part II of a two-part series, will discuss the responsibilities of collecting appropriate documentation, titling accounts correctly, using an SSN vs. an EIN, and allowing proper access not only during lifetime but at the death of the Fiduciary. Although not customized to state law, this session will provide a comprehensive understanding of what is required by your state.
Our presenter, Suzette Suzie Jones, CFP®, is known nationally as being extremely knowledgeable with a unique ability to take technical information and make it interesting and applicable. The detailed and comprehensive PDF of Suzie's PowerPoint presentation is included in the registration and serves as an invaluable resource and a guide for developing policy and procedures.
It is highly recommended that attendees have a copy of their financial institution'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.
Recommended for 2.5 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.