CU Webinar Webinars - Live

Frontline Series: Minor Accounts: Ownership, CIP, Access, Changes & Transactions

April 23 | 3:00 pm - 4:30 pm ET
Category:
CU Webinar Webinars - Live
Contact: Lauren Simonds at lsimonds@mainecul.org

Minor accounts can lead to major questions.

For example, is a minor responsible for their actions on deposit contracts? How do you answer all the adults’ questions about different account types? This jam-packed webinar will answer those questions and provide the guidance you need to address regulatory compliance for CIP, CDD, joint accounts, UTMAs, tax reporting, education savings accounts, and more.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Know when to obtain ID and comply with CIP and CDD
  • Complete tax reporting appropriately
  • Understand the styles of ownership
  • Distinguish when money can be given to the minor and when it cannot
  • Review UTMA, Social Security, and Coverdell Education Savings Accounts
  • Describe how to turn money over to minors at appropriate ages
  • Properly complete signature cards and comply with all federal laws

Save when you buy the series!

For more information, including pricing and registration, click here.