Trust Administration

Whether you are in the trust department of a large bank, a smaller bank, or a separate trust company, you and others in your department continually work towards achieving excellent customer service and a reasonable financial return for the bank or trust company. To this end, it's important that you understand basic trust concepts, so that you can apply them when working with your clients and colleagues.This can be more difficult than it seems at first, as trust departments operate according to unique laws, practices, and terminology. This course will help you gain that knowledge. It reviews trust basics, including terminology and concepts, as well as the laws and rules that govern trust administration. It provides an understanding of why clients benefit from trusts, as well as common types of personal trusts.