Handling Powers-of-Attorney & Living Trust Documents for Deposit Accounts & Loans

May 03, 2018 03:00pm -
May 03, 2018 04:30pm
As we transition to a new online membership platform, CBAO will not be processing online orders from September 21-30. Please call our office at (614) 846.8124 to register for a webinar or an event. Thank you!

A list of upcoming events is presented below:

Event Description

Powers-of-attorney and living trust agreements are complex legal documents used to transact business with financial institutions on a daily basis.  If not handled properly, your institution can be exposed to significant risk if the attorney-in-fact or trustee intentionally (or innocently) acts outside the scope of their authority.  Opening a deposit account or lending to a trust is substantially different from dealing with an individual.  Likewise, working with an attorney-in-fact is much different than working with the accountholder. 

This webinar will explain everything you need to know about powers-of-attorney and living trusts regarding deposit accounts and loans.  It will address opening living trust accounts, including documentation and authorization requirements, and lending to living trusts, including loan documentation and perfection of security interests in trust property.  You will also learn the proper use of powers-of-attorney on deposit accounts and loans.


  • Various types of powers-of-attorney (durable, springing, limited, military, etc.) and when they can be used
  • Differences between attorney-in-fact, representative payee, and authorized or convenience signer
  • Actions the attorney-in-fact and trustee can and cannot take on behalf of the accountholder
  • Who can sign for the living trust, and must all trustees sign the account and/or loan documents?
  • How to reduce risk of loss from powers-of-attorney and living trusts

Take-Away Toolkit

  • Checklists of items to request when lending to or opening a deposit account for a living trust
  • List of important questions to ask when accepting a power-of-attorney
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

Who Should Attend?
This informative session will benefit both deposit and loan operations, including new accounts staff, loan documentation personnel, loan officers, tellers, attorneys, compliance staff, auditors, and managers.

Registration Options:

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Mar 28, 2018.
Regular registration starts on Mar 29, 2018 and ends on May 03, 2018.
Late registration starts on May 04, 2018.
(GMT-05:00) Eastern Time (US & Canada)


Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00