When a Depositor Dies: Actions to Take, Mistakes to Avoid
On-Demand Webinar
StreamedOct 9, 2024Duration90 minutes
- 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
Do you know how to handle the death of a depositor?
What are the implications? What
documentation is required? Is there a beneficiary? How and where are assets
transferred? What about tax reporting, insurance, estates, account changes,
businesses, etc.? Attend this webinar to get the lowdown on deftly dealing with
a depositor’s death.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Report taxes to the IRS after death
- Avoid estate setup mistakes
- Define “knowledge” of death and its requirements
- Explain accounts that have will bypass rights at death
- Distinguish formal estates and small estate affidavits
- Manage check issues
- Unpack specialty accounts like UTMAs, guardianships, Social Security representative payees
- Help business accountholders take appropriate action when a key player dies
- Explain to accountholders what happens regarding insurance after death
WEBINAR DETAILS
Your accountholder is deceased. Now what? This
webinar will explain how different legal ownerships have different results at
death. Not every account has a beneficiary designation, so what comes next? You’ll
learn about rights at death on accounts and how to transition ownership to an
estate when appropriate. The program will also cover insurance changes, IRS
reporting requirements, handling checks at death, and dealing with business
accounts after death.
WHO SHOULD ATTEND?
This informative session will
benefit branch operations personnel, compliance staff, trainers, branch
managers, and new account representatives.
TAKE-AWAY TOOLKIT
- New account manual with flowcharts for handling accounts at death
- 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
Gettechnical Inc.
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
