Account Titling, Ownership, and Signatories Webinar
When you open and title accounts, you affect not only rights at death but also the insurance coverage of your account. Some of the big errors are occurring on our signature card contracts because we do not understand when to use authorized signers and PODs (see complete description below).
Click Here for Webinar Description and Audience
When you open and title accounts, you affect not only rights at death but also the insurance coverage of your account. Some of the big errors are occurring on our signature card contracts because we do not understand when to use authorized signers and PODs. Understanding the legal ownership and proper titling of accounts will prevent loss to the financial institution and ensure that your account holder gets what he or she wants at death. We will focus on personal accounts, fiduciary accounts and business accounts and look at some of the state law issues you will need to investigate to get accounts set up in your state.
•How to set up and title Single Party, Multiple Party, and POD
•The ins and outs of titling social security representative payees
•Why we look at the court order for accounts with Letters of Guardianship
•How to set up a “debtor in possession” account
•Why you have to match both the identification and the IRS record
•What happens when owners don’t sign on personal accounts
•How to set up estate accounts and living trusts
•Business account titling and TINs
•Minors and UTMA
Who Should Attend?
New Account Representatives, Customer Service Representatives, Branch Managers, Branch Administration, Compliance and anyone who works with deposit account signature cards.
Click Here for Continuing Education Credits (CEC) Info
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Click Here for Delivery Option Descriptions
INCLUDES SEVEN DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.