Apr 24, 2024
Are you ready to tackle the complexities of Power of Attorney documents with confidence? This session will equip you with the knowledge and insights to navigate even the most challenging situations with ease. This webinar does not examine the laws of any particular state.
Financial institutions are required to complete transactions for customers involving Power of Attorney documents. To protect your institution’s interests when using these documents, it is imperative to understand the basic do's and don'ts. This presentation will provide best practices to use when dealing with these complex legal documents, with special attention paid to the transactions that pose the greatest risks for financial institutions.
Wednesday April 24th, 2024
11:00 am - 1:00 pm EST
What You'll Learn
Relationships among the customer, the attorney-in-fact, and the financial institution
Durable vs. non-durable Power of Attorney
Determining if a Power of Attorney is general or limited
Steps to protect your institution when relying on a Power of Attorney
Language to look for in the Power of Attorney document when completing a transaction for the attorney-in-fact
Power of Attorney revocation guidance
Attorney-in-fact representations a financial institution can typically rely on
Handling out-of-state Powers of Attorney
Who Should Attend
Financial institution employees involved with opening new accounts, deposit or loan documentation, and operations will find this webinar very useful.
Terri D. Thomas, JD is the Director of the Kansas Bankers Association Legal Department, which specializes in providing compliance and legal assistance to Kansas banks.
Terri has worked with financial institutions for over thirty-nine years in various capacities. Most notably, she served for fourteen years as in-house legal counsel and trust officer for Bank of America and its Kansas predecessors. She has also served as a trust department manager and branch manager.
Available Upgrades
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380