Event Calendar

Thursday, December 21, 2023

Webinar - When a Depositor Dies: Next Steps

Start Date: 12/21/2023 9:00 AM MST
End Date: 12/21/2023 10:30 AM MST

United States 

When one of your depositors dies, your institution must act promptly and appropriately to avoid any liability. The federal government can reclaim certain benefit payments that were deposited after an accountholder’s death – even if those funds are no longer in the account. (Obviously, any transaction after the accountholder’s death was conducted by someone else.) This webinar will thoroughly explain the proper actions that should be taken when a depositor dies, share best practices used by other institutions, and cover the legal requirements and practical issues.


Preferred Providers