Members & Trust Accounts
TELEPHONE - WEBINAR - AUDIO/VISUAL CD ROM


Wednesday
March 10, 2010

12:00 pm - 1:30 pm Pacific
1:00 pm - 2:30 pm Mountain
2:00 pm - 3:30 pm Central
3:00 pm - 4:30 pm Eastern

Meet the Presenter

Deborah L. Crawford gettechnical inc

CLICK HERE TO LEARN MORE ABOUT YOUR REGISTRATION OPTIONS

Your member just went to an attorney and put all his or her assets into a living trust.  He or she is now standing in front of you and wants you to update the account cards and make sure all assets are re-titled in the name of the trust.  You look at the member service representative next to you and wish you had gone to lunch.  But formal trusts, like business accounts, are not difficult if you understand what they are designed to accomplish; who the players are; and the due diligence issues.  This webinar is designed give you the information you need to confidently open formal trusts in share accounts. 

HIGHLIGHTS031010cu.jpg

  • Living Trusts, Miller Trusts, Marital Trusts, Family Trusts
  • Understanding the mechanics of a formal trust and what your member is trying to accomplish
  • What is a trust agreement?
  • Who are the players of a trust?
  • Can a trust be a member of a credit union?
  • What happens when grantors/trustees die?
  • What about NCUSIF insurance and trusts?
  • How to change existing accounts when a trust comes into play
  • Can you have an authorized signers, agents or powers-of-attorney on a trust account?
  • What is the difference between a formal trust and the informal trust or pay on death account?

 

WHO SHOULD ATTEND?

This informative session is is best suited to member service representatives, branch managers, branch administration, tellers, training staff, and all frontline staff who open accounts.