Trusts and POAs
11/04/2018
In what situations can an attorney in fact be allowed to transact on behalf of a trustee?
Mary Beth Guard is one of the four co-founders of BankersOnline and is now Editor Emeritus, after more than 16 years of serving as Executive Editor. She was instrumental in the creation and expansion of BankersOnline, as well as the launch more than a decade ago of BOL Conferences, Inc. and its continued operation and growth. Mary Beth is also the director of BankCompliance.com, the subscription-based compliance service now being offered online. Also, Mary Beth serves as CEO of Glia Group, Inc., which produces BOL Learning Connect. For nearly four decades, Mary Beth has utilized her background as an attorney to focus on banking industry issues, first as general counsel for the Oklahoma State Banking Department, then as general counsel for the Oklahoma Bankers Association, prior to her work with BankersOnline.
Mary Beth has presented training programs for virtually every major national financial industry association, as well as more than a dozen state bankers associations and a host of other organizations. She is a frequent presenter of webinars and seminars. In addition, Mary Beth has written more than a thousand banking-related articles and is BOL Guru #1.
You can contact Mary Beth via email at mbguard@bankersonline.com or by telephone at (405) 272-1642.
11/04/2018
In what situations can an attorney in fact be allowed to transact on behalf of a trustee?
10/28/2018
We have a customer who is a level three lecher. He ogles the female tellers and makes lewd comments about them and to them. Please tell us we can offload him.
10/28/2018
What has FinCEN said about what is a marijuana-related business?
10/28/2018
Do all husband and wife trusts become irrevocable upon the death of one of them?
10/21/2018
The customer, who was born and raised just down the street from our bank, refuses to provide his Social Security number. What should we do?
10/21/2018
Are you aware of any financial institutions that have been subjected to regulatory penalties due to their banking state-legal marijuana-related businesses?
10/21/2018
If the trust is using the SSN of the grantor, and the grantor dies, how soon after death must the trustee obtain an EIN for the trust?
10/14/2018
A new CSR opened an account and let the customer do all kinds of weird things with Pay on Death beneficiary designations that aren’t legal in our state. Now what?
10/14/2018
If the OFAC list now contains a name that matches our customer’s name, should we immediately close the account?
10/14/2018
If there is more than one grantor/trustee, as in a joint trust, upon the death of the grantor whose SSN was used, can the SSN of the surviving grantor then be used?