Trust Examiner School eBook

Personal Trust

Personal Trust Line Sheet

Account Name: Account Number:

Bank Name:

Examiner:

Administrative Officer:

Exam Start Date:

Total Assets (MV):

Reviewed as of date:

Date of last administrative review: Adequate CIP/BSA/AML/OFAC? OK.

Date of last investment review:

Securities Transactions: Reg R/GLBA, Part 344, Trading Errors?

Trust Department Capacity  Trustee  Co-Trustee

Governing Instrument:

 Revocable/Grantor  Irrevocable

Date of Governing Instrument: Purpose of Governing Instrument:

Date of Amendments/Revisions:

1. Investment Policy Statement (IPS) Date:

2. Does IPS contain appropriate Benchmarks? Yes/No

3. Is IPS Signed by client? Yes/No

4. Is IPS signed by Trust Officer? Yes/No

Fee: Statutory Adopted Fee Schedule

Other (Negotiated)

Fee Charged:

Monthly

Quarterly

Annually

What are the provisions for Principal Invasions or Distributions:

What are the provisions for Distribution of Income?

Is the department in compliance with distribution requirements for income?

Is the department in compliance with requirements for distribution of principal?

Date trust was terminated (if applicable)?

If closed, were appropriate account closing procedures followed, e.g. assets distributed, releases and receipts obtained, fees collected, etc.?

Comments:

1

FDIC 6350/38 (10-12)