When a Depositor Dies
What must be done after an accountholder dies? Can checks still be negotiated? Who can access the deposit accounts? What changes can be made? What about taxes, Social Security, setoff, and dealing with the family? If you don’t have all the answers, this is the webinar for you.
After This Webinar You’ll Be Able To:
- Distinguish when checks can be paid after an accountholder’s death
- Define who can negotiate a check made payable to the deceased accountholder
- Identify who is entitled to the account upon the accountholder’s death
- Determine when the deceased’s accounts can be set off for debts owed to your institution
- Understand how to deal with the deceased’s estate or relatives
- Explain when Social Security funds can be reclaimed
Who Should Attend?
This informative session will benefit all deposit operations personnel, collections staff, service representatives, compliance staff, auditors, attorneys, and managers.
- Sample procedures for handling the accounts of a deceased accountholder
- Guide to federal government ACH payment reclamations
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
- $245 – Live Webinar Access
- $245 – OnDemand Access + Digital Download
- $350 – Both Live & On-Demand Access + Digital Download