Opening Trusts & Fiduciary Accounts

November 10, 2025
Live Webinar
DateNov 10, 2025Duration90 minutes
08:00 AM PST09:00 AM MST
10:00 AM CST11:00 AM EST
    • Unlimited connections for your institution
    • Available on desktop, mobile & tablet
    • Take-away toolkit
    • Presenter’s contact info for questions
On-Demand Webinar
  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions
See Registration Options

Trusts are often used to plan for estates, families, taxes, etc.

When opening these special accounts, you need to know about proper documentation, CIP, and signature cards. You must also understand the trustee’s authority and duties and your institution’s responsibility and liability. This webinar will cover opening procedures and provide guidance for when trusts, fiduciary accounts, and accountholder situations change.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Explain the role of a fiduciary
  • Differentiate between revocable and irrevocable trusts and between UTMAs and minor trusts/Coogan accounts
  • Outline the processes upon death of a party to the account
  • Determine which checks should and should not be deposited to trust and fiduciary accounts
  • Describe the parameters for setting up various trust and fiduciary accounts

WEBINAR DETAILS

From living trusts to conservatorships and everything in between, this webinar will systematically walk through all of the requirements for handling trust and fiduciary accounts. It will cover accounts such as revocable and irrevocable living trusts, informal/Totten trusts, Uniform Transfer to Minor Accounts, minor trusts/Coogan accounts, representative payees and VA federal fiduciaries, and court-ordered conservatorship and guardianship accounts. For each account type this program will address account opening, ownership, transactions, fiduciary and financial institution responsibilities, tax reporting, insurance coverage, and termination/payout of accounts.

WHO SHOULD ATTEND?

This informative session is designed for branch managers, tellers, new accounts staff, account representatives, call center employees, compliance personnel, fraud professionals, risk management staff, and auditors.

TAKE-AWAY TOOLKIT

  • Internet resource list
  • Trust and fiduciary account cheat sheet
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
 
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
 

Presented By

Mary-Lou HeighesMary-Lou Heighes
Compliance Plus, Inc.
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