BSA Alert

Opening Trust Accounts: 10 Hot Spots Webinar

CFT Credits: 0.25

Webinar Description and Audience

We will cover the opening and documentation for trust accounts. We will look at specialty trust accounts. You will also receive tips and checklists on what to look for in a trust document. We will review the social security number and employer identification number requirements. You will learn how to stay clear of the 10 hot spots when opening and managing trust accounts.

Covered Topics:

  • Breaking down a trust document and getting what the financial institution needs
  • Looking for important parts-grantors, trustees, beneficiaries and successor beneficiaries
  • Your job as a withholding agent—SSNs and EINs on trusts
  • Specialty trusts—Child Actor Trust, Miller Trust, Medicaid trusts
  • What documentation is needed to open a trust account
  • Can we update signature card or do we close existing accounts?
  • Can a power of attorney coincide with a trust document?
  • What happens when a trustee dies?
  • 10 Hot Spots to look for and be careful of when opening trust accounts

Who Should Attend?

New Accounts Representatives, Personal Bankers, Training, Branch Operations, Branch Compliance and anyone who opens or supervises the opening of accounts.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

Viewing Options

LIVE WEBINAR:                                              

INCLUDES 7 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. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time.  And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!


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 a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for 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.


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.

Register Here!

Choose the viewing option that best suits your needs. Live Webinar times are shown as Eastern Time. You can choose to pay by credit card or invoice when you register. CFT Credit will be awarded to the registrant, unless directed otherwise (additional attendees can also receive credit for an additional fee). CFT Webinars are powered by Total Training Solutions!

Webinar DateStart TimeEnd DateEnd TimeViewing Options - See Descriptions AbovePrice
10/20/16Archived CD-Rom Video Recording$345.00Register
10/20/16Archived Six Month On-Demand Recording$295.00Order