Calendar of Events

What to Do When a Customer Dies

02/01/2018, 10:00 AM to Noon

No location provided

Amy Davis adavis@msbankers.com 601-948-6366

Description:

What to Do When a Customer Dies


Presented by Terri D. Thomas
Thursday, February 1st, 2018
10:00 am - 12:00 pm CT
 

Topics of Discussion

  • What documents are required upon the death of an individual?
  • What actions should your financial institution take on deposit accounts owned by the decedent?
  • How should your financial institution deal with the decedent's estate?
  • What should your financial institution do if there isn't an estate?
  • How should your financial institution handle "death" as a default on a loan?
  • How will the new mortgage servicing rules impact mortgage loans where the borrower has died?
  • What does every lender need to know about doing business with the borrower's estate?
  • What steps can your financial institution take to protect its collateral after the borrower has died?
  • How should your financial institution handle issues of guarantors, setoff and insurance once the borrower has died?
  • How does the death of a key person affect the borrowings of Corporations, Partnerships, Limited Liability Companies, Trusts and other legal entities?
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