DAFM-F 102: Fiduciary Duties Defined by Law and Standard Operating Procedures Part 1

Fiduciary Duties Defined by Law and Standard Operating Procedures Part 1

This course provides an overview of Kentucky statutes and regulations that govern the Fiduciary Branch related to Guardianship.

Course Length: 1.5 Hours

Course Content

Lesson 1: Start Here- Contact Us
Lesson 2: Welcome
Lesson 3: Authority to Operate
Lesson 4: Legislative Research Commission (LRC)
3 Topics
1 Quiz
Topic 1: The LRC Website
Topic 2: How to Search for Statutes on the LRC Website
Topic 3: How to search for Kentucky Regulations on the LRC Website
Quiz: How to use the LRC website
Lesson 5: Laws Related to the Fiduciary Branch
1 Quiz
Think Spot: Common Laws Related to the Fiduciary Branch
Brain Break
Lesson 6: Deposits, Payments & Transfer SOPs
7 Topics
Topic 1: Fid-5- Automated Clearing House (ACH) & State Supplementation Direct Deposit
Topic 2: Fid-6- Processing Daily Checks
Topic 3: Fid-28- Processing Returned Checks
Topic 4: Fid-18- Monthly Guardianship Compensation
Topic 5: Fid-11- Printing and Processing Checks
Topic 6: Fid-12- Bank Reconciliation
Topic 7: Fid-23- Reporting Individual’s Wage Stubs
Brain Break
Lesson 7: Financial Accounting Management SOPs
7 Topics
Topic 1: Fid-3- Assets/Liabilities Management
Topic 2: Fid-3- Assets/Liabilities Management Scenario
Topic 3: Fid-4- Qualifying Income Trusts
Topic 4: Fid-4- Scenario
Topic 5: Fid-19- Special Needs Pooled Trust
Topic 6: Fid-13- Biennial Financial Report to Court
Topic 7: Fid-27- Personal Income Tax Preparation
Lesson 8: Summary
Lesson 9: Course Evaluation
Lesson 10: Course Wrap-Up