Formal and Informal Trusts, Revocable and Irrevocable Trusts, LLC owned by a Revocable Trust, POD Accounts, Minor, UTMA Custodial Accounts, Court Ordered Accounts, Guardianships, Estates, Representative Payee, and Veterans Administration Fiduciary - what does it all mean? Why are living trusts so popular? What is a Testamentary Trust?

It never fails to raise panic when someone dumps a binder full of legal documents on your desk and requests to open a trust account, estate account, or an account for a minor. To compound the complexity, on many occasions, the actual owner of the funds is not present.

This two-hour comprehensive webinar, Part III of a three-part series, will discuss the responsibilities of collecting appropriate documentation, correctly titling accounts, and allowing proper access to Trust, Fiduciary and Minor accounts not only during lifetime but at the death of a signer as well.

What You'll Learn:

• What's the difference when opening a Revocable or Irrevocable Trust?
  
• Living Trusts - Why so Popular?
  
• Learn how Fiduciary accounts create an element of risk if not handled properly.
  
• How to handle an account when the actual owner of the funds is not present.
  
• Responsibilities for collecting appropriate documentation.
  
• When to use an SSN vs. an EIN.
  
• Allowing proper access to Fiduciary accounts not only during life but also at the death of a Fiduciary.
  
• How to handle more complex scenarios when opening a trust or fiduciary account,
  
• How to manage the more challenging questions customers and employees ask