Event Calendar

Wednesday, August 11, 2021

Webinar - Handling POAs & Living Trust Documents on Deposit Accounts & Loans

Start Date: 8/11/2021 1:00 PM MDT
End Date: 8/11/2021 2:30 PM MDT

United States 

Powers of attorney and living trust agreements are complex legal documents used to transact business with your financial institution daily.  They can expose your institution to significant risk if the attorney in fact or trustee acts outside the scope of their authority – whether intentionally or innocently. 
Opening a deposit account for a trust is substantially different from opening an account for an individual.  Similarly, lending to a trust is considerably different from lending to an individual.  Likewise, dealing with the attorney in fact is different from dealing with an actual accountholder.  This webinar will explain everything you need to know about powers of attorney and living trusts involving deposit accounts and loan transactions.