Southeast Regional Center for Financial Training, Inc.

 

 

AIB Trust Basics (AIB-8261)

 

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This AIB course provides you with an overview of the trust department in a commercial bank, including how it fits into the bank’s overall operations, the services it provides, and generally how those services are delivered. Particular emphasis is placed on the importance of accumulating, preserving, and disposing of an estate.

 

Delivery Options

 

Instructor-Led Online, and In-Person.

 

Audience

 

Non-trust bank personnel and those who have recently come into the trust department in support positions, entry-level personnel, employee benefits, and corporate trust officers.

 

Learning Objectives

After successfully completing this program, you will be able to:

In the high-stakes world of trust management, success belongs to the best trained -- Trust  Basics is the foundational course for trust professionals in banks.  Trust Basics will help new trust professionals understand the fundamentals of the trust business, as well as learn more about their jobs, communicate the advantages that bank trust departments offer their customers, and guide their customers through the process of establishing a trust.

Reader friendly and non-technical in style, Trust Basics gives you a step-by-step overview of trust departments, types of trusts, delivery of trust services, administering and settling estates, and challenges facing the trust industry.  Many real-life anecdotes and examples illustrate everyday situations and important principles of trust management. 

After reading this text, you will be able to:

  • Distinguish between types of assets and forms of property ownership

  • Define the basic concepts of stocks, bonds, mutual funds, and common trust funds

  • Describe the purpose and scope of various agency relationships

  • Explain the Prudent Investor Rule and how it relates to investment risk, policy, and responsibility

  • Analyze a will and list the steps of the administration and settlement of an estate

  • Distinguish between the types of guardianships that exist and compare powers of attorney for property and healthcare

  • Define what a personal trust is, reasons for having one, and the characteristics of a good trustee

  • Explain the basics of gifting and fit and estate taxes

Trust Basics supports the AIB Online course in Trust Basics and may be used to teach Trust Basics in the classroom.

Catalog #3004301
 

For further information, call Southeast Regional CFT (904) 354-4830 or send an e-mail to lisaphillipscft@bellsouth.net

Enrollment Form

Download and print an enrollment form from here, complete and fax to 904-354-1834