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Wisconsin Credit Union Foundation

Your Depositor Has Died: Actions to Take, Mistakes to Avoid

This webinar will thoroughly explain the proper steps your institution should follow when a depositor dies, including best practices used by other institutions. Join us to learn the legal requirements and practical issues when a depositor dies.

Dec 13, 2018 08:00 AM   -­­  Dec 13, 2018 09:30 AM
CT
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Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Member Services
  • Compliance

Register

unpub 6-13-19 

Description

It could happen today – one of your depositors dies. Your institution must act appropriately and promptly to avoid liability. This webinar will thoroughly explain the proper steps your institution should follow when a depositor dies, including best practices used by other institutions. Join us to learn the legal requirements and practical issues when a depositor dies.

Learning Objectives

  • Can you pay checks after the death of the accountholder?
  • Who can negotiate a check made payable to the deceased accountholder?
  • Who is entitled to the account upon the death of the accountholder?
  • Can the decedent’s accounts be setoff for debts owed to your institution?
  • How should you deal with the estate or relatives of the deceased?
  • When can Social Security funds be reclaimed from your institution?

Speaker

Elizabeth Fast, JD, CPA, Spencer Fane LLP

Investment

$259.00

Live and recorded webinar, handouts, quiz with answer key and training log are included.