Most Popular Operations Content
Powers of an authorized signer on a trust account
11/10/2024
A trustee has appointed an authorized signer (not a successor trustee in this case) to their trust. The trust documents give them the power to do this. If the trustee who appoints the authorized signer dies, when do the powers of the authorized signer cease? At the time the trustee's death, or when new trust documents are drafted by the successor trustee(s)?
Risk of cash deposits by individuals not on account
11/03/2024
What is a funnel account?
Bank counsel review of policy and procedures
11/03/2024
Why should we ask bank counsel to review our policies and procedures on handling garnishments and summonses? Doesn’t that just add costs to the effort?
Bonus Sign-Ups on Credit Cards—Unfair?
11/03/2024
Can we have sign up fees for credit cards?
Exception categorization strategy
11/03/2024
Why is it important to develop a strategy for categorizing exceptions?