Handling Deceased Depositors Funds – ON-DEMAND WEBINARS


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SKU: SWDDF Category:

Recorded: January 19, 2022

Presenter: Natalie Straus, CRCM, Vice President and Senior Consultant, FORVIS

This ninety-minute webinar will help your institution determine who should have access to funds in a deposit account when the account holder dies.

This discussion won’t be state-specific, but we’ll address the fundamental property law principals and other rules that help us determine who has a right to the funds of the deceased individual.

We’ll look at various personal account types (like single party accounts and multiple party accounts) and address the institution’s responsibilities and risks when it comes to paying out the funds after the owner has died.

Our discussion will include explanations of:

  • Non- testamentary transfers
  • Rights of survivorship
  • Estate accounts
  • Beneficiaries
  • Informal Trusts/Payable on Death Accounts
  • Grantor Trusts
Who Should Listen

This webinar is designed for new account and other front line personnel, deposit operations, compliance, audit and anyone who is responsible for training.

Program Level: Basic

Prerequisite/Advanced Preparation: Basic Knowledge of Deposit Regulations

Field of Study: Specialized Knowledge

Copyright Disclaimer

Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.