Thursday, May 8, 2008

12:00 – 1:30 PM Pacific Time

1:00 – 2:30 PM Mountain Time

2:00 – 3:30 PM Central Time

3:00 – 4:30 PM Eastern Time

In banking we open many types of fiduciary accounts –

SOCIAL SECURITY REPRESENTATIVE PAYEE

GUARDIANSHIP

CONSERVATORSHIP

ESTATE

UTMA

POWER OF ATTORNEY

FORMAL TRUSTS

BANKRUPTCY

Fiduciary accounts involve complex arrangements in which one person has been named to act on behalf of another in a legal capacity. These accounts are more complicated than typical individual and joint accounts opened at your bank. In addition, they pose greater legal liability for the bank if they are mishandled and improperly opened. In this seminar, we will examine various types of fiduciary accounts and the appropriate documentation and procedures for each.

WHAT YOU WILL LEARN:

Who is our customer under USA Patriot Act/CIP and who should we identify?
What documents should we receive and what information should they contain?
Who should sign our signature card and who owns the funds?
How are these accounts reported to the IRS?
What happens if the fiduciary dies?
What about authorized signers and PODs?
What is the purpose of each of these accounts and who is the governing authority?
What is the bank’s duty and responsibility, if any?
And much, much more

WHY SHOULD YOU PARTICIPATE?

This session is a cost-effective way to train your staff in opening and addressing fiduciary accounts. You may train as many individuals as you like for one set price. There will be no travel costs, no time lost from work and no one will be required to leave the institution.

WHO SHOULD ATTEND?

This informative session is directed to all frontline employees and their managers including branch managers, customer service representatives, personal bankers, new accounts representatives, training, marketing and branch administration.

ABOUT THE PRESENTER – Deborah Crawford

Deborah is president of gettechnical inc. She specializes in the education of financial institution employees and officers in the area of deposit account laws, new account documentation, complex compliance regulations and IRAs. She began her banking career with Hibernia National Bank, and holds both a bachelor’s and master’s degree from Louisiana State University.

WHAT IS A TELEPHONE/WEBCAST SEMINAR?

This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along with hook up instructions. Your pin number, hookup instructions and handouts can be emailed to you or sent U.S. Mail. If you would like them emailed you will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.

CAN’T ATTEND THE SCHEDULED TRAINING? SCHEDULE YOUR OWN TRAINING SESSION!

ORDER THE AUDIO/VISUAL CD ROM*.

The CD Rom is complete with the audio track and visual presentation from the original webcast, question & answer sessions, plus participant handouts. You will also have the ability to contact the presenter with follow-up questions. With this CD, you will have an “off-the-shelf” training program for your review, for use by those who were not able to attend the live seminar or for future training purposes. Affordable, professional training, when and where you choose!

*CD Rom for PC use only