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Today is: May 24, 2025  
 

 

 

Upcoming BCG Webinars

BCG Webinars are an optional resource offered once a month via the internet. Topics include Levies and Executions, New Accounts Documentation, Flood Insurance Regulations, and Doing Business with Family Trusts. Additional Webinars will be posted below as their respective dates approach. To view webinars that are available online, click here or contact us if you have additional questions.

Upcoming BCG Webinars        

 

Now Streaming On-Demand

Aldrich & Bonnefin, PLC is pleased to invite you and your operations and compliance personnel to attend a Webinar addressing the procedures for financial institutions to follow upon receiving notice of the death of a customer.

This Webinar is designed as a guide for your personnel to use in releasing property and funds the financial institution is holding that belong to a customer at the time of the customer’s death.  For example, we will address the procedures an institution’s personnel should follow with respect to an account or safe deposit box when a customer is reported deceased.  The procedures to follow will differ depending on the account structure and the manner of ownership of each particular account.
 

Tuesday, June 16
10:00 a.m. - 11:30 a.m.

There are a number of laws governing powers of attorney which can make determining whether to accept any given power of attorney difficult. One of the main concerns is the extent of the rights of financial institutions when it comes to relying on a power of attorney.
 
During this Webinar we will discuss the scope of an attorney-in-fact’s authority to act as well as the protections afforded a financial institution when accepting a power of attorney. We will even address whether an institution can accept a copy of a power of attorney if the original is not available. Also, what if there are concerns over whether the principal is incapacitated, yet the power of attorney is not durable? How is the principal’s incapacitation even determined?
 
Join us at this Webinar as we consider these topics as well as other common questions, all in an attempt to help financial institutions make informed business decisions when presented with powers of attorney.
 

Tuesday, June 24
10:00 a.m. - 12:00 p.m.

With all the different types of business entities, lenders have challenges in properly identifying their borrowers and understanding their legal structures. Customer Identification Program (CIP) requirements and the Beneficial Ownership Rule impose specific regulatory requirements for identifying borrowers. Failure to properly identify a borrower may not only impair the lender’s security interest and put the collectability of the entire loan at risk due to UCC Article 9’s requirements, but could also result in a compliance violation.
 
This Webinar will address these issues in a “workshop” format, providing checklists for the types of documents that can be obtained from various types of business entities.
 

Tuesday, July 23
10:00 a.m. - 12:00 p.m.

Under rules that became effective in 2014, all “loan originators” of consumer-purpose, dwelling-secured, closed-end loans must receive training on state and federal laws applicable to their job duties. This requirement appears as part of the loan originator qualification requirements in Regulation Z Section 1026.36(f). It applies to all residential mortgage loan originators, both employees and third-party mortgage brokers. The training requirements apply to a loan originator regardless of whether he or she meets the definition of a “mortgage loan originator” under the SAFE Act. Under Regulation Z, the term “loan originator” is defined broadly and includes any employee who takes an application for a residential mortgage or offers, arranges, or assists a consumer in obtaining or applying for a dwelling-secured, closed-end loan. The rule is limited to closedend mortgages; home equity lines of credit are not covered.
 
This two-hour Webinar will provide training that is relevant to all loan originators and will help fulfill their training requirements under Regulation Z. Under Regulation Z, training must cover both federal and state law that apply to the LO’s job responsibilities and, as such, this Webinar will cover both federal and state law.
 
 

 

 

* Janet Bonnefin has retired from the firm.
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