WEBINAR

Opening New Accounts III – Trust, Fiduciary, and Minor Accounts Webinar

CFT Credits: 0.25

Formal, Informal, Revocable, Irrevocable, Minor Custodial Accounts, Court Ordered Accounts – what does it all mean? It never fails to raise the panic level when someone dumps a binder full of legal trust documents on your desk or wants to open an account in a minor’s name and SSN.

Webinar Description and Audience

Formal, Informal, Revocable, Irrevocable, Minor Custodial Accounts, Court Ordered Accounts – what does it all mean? It never fails to raise the panic level when someone dumps a binder full of legal trust documents on your desk or wants to open an account in a minor’s name and SSN. This two hour webinar will delve into the responsibilities of collecting appropriate documentation, providing ownership options, titling accounts correctly, and allowing proper access to accounts during lifetime and after the death of a signer.

Covered Topics:

•Understanding Trust Accounts
•Parties to a Trust
•TIN compliance for Trusts
•Informal vs. Formal Trust comparison
•Key questions to ask when setting up trust accounts
•Formal Trusts
◦Six pieces of required information
◦Revocable and Irrevocable comparison
◦Opening Revocable Formal Trusts
◦Opening Irrevocable Formal Trusts
•Informal Trusts
◦Revocable and Irrevocable comparison
◦Payable on Death (POD)
◦Revocable Trust (AT, ITF)
•Minor Accounts
◦Single account in minor’s name
◦Joint account with a minor
◦Uniform Transfer to Minor’s Account (UTMA)
◦Minor’s access to funds
•Understanding Estate Accounts
•Personal Representatives – Executor/Administrator
•Community property vs. separate property
•Uniform Simultaneous Death Act
•Guardianship/Conservator
•Social Security Representative Payee
•Sample Trust Account Certification Form

You are encouraged to have a copy of your account agreement and signature card handy to reference during the webinar.

Who Should Attend?

All customer contact personnel, supervisors and officers whose responsibilities include opening or managing new accounts and certificates of deposit. Excellent for supervisors or officers who have recently assumed the responsibility of the new account area but have never actually worked in new accounts. Internal Auditors and Compliance Officers will find the information exceptionally beneficial as well.

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.

Webinar Viewing Options

LIVE WEBINAR:

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:

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:

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.

IN-HOUSE:

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
04/26/17Archived Six Month On-Dermand Recording$295.00Register
04/26/17Archived CD-ROM Recording$345.00Register
AnyIn-HouseRequest