Controlling the Risks of Power of Attorney Documents

Wednesday, April 24, 2024
11:00 am - 1:00 pm Eastern

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.

What You Will 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.

Instructor

Terri D. Thomas, JD

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.

Receiving her Bachelor of Arts degree from Kansas State University in 1985, Terri continued her education at Washburn University School of Law and obtained her Juris Doctor in 1988. She has served as an Adjunct Professor at Washburn University School of Law in Topeka, Kansas and the University of Kansas School of Law in Lawrence, Kansas, and is a frequent seminar presenter for financial associations in the Midwest.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by OnCourse Learning (Total Training Solutions)

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