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.
- 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?
should you deal with the estate or relatives of the deceased?
- When can
Social Security funds be reclaimed from your institution?
JD, CPA, Spencer Fane LLP
Live and recorded webinar, handouts, quiz with answer key and training log are included.