Financial institutions are asked to complete transactions for customers involving Power of Attorney documents. To protect your institution's interests when using these documents, it is imperative to understand the basic do's and don'ts.

This presentation will provide best practices to use when dealing with these complex legal documents, with special attention paid to the transactions that pose the greatest risks for financial institutions. This webinar does not examine the laws of any particular state.What You'll Learn:

• Relationships among the customer, the attorney-in-fact, and the financial institution
  
• Durable vs. non-durable Power of Attorney
  
• Determining if a Power of Attorney is general or limited
  
• Steps to protect your institution when accepting and relying on a Power of Attorney
  
• Language to look for in the Power of Attorney document when completing a transaction for the attorney-in-fact
  
• Power of Attorney revocation guidance
  
• Attorney-in-fact representations that can be relied upon by the financial institution
  
• Handling out-of-state Powers of Attorney