In November, Eric Wilen was a co-panelist on a Speaker Panel for a seminar presentation to members of the Illinois State Bar Association Trust and Estates Section.  Eric and his co-panelists from the legal department of CIBC Bank USA presented on the topic of “Why Won’t the Bank Accept my Client’s POA?” The presentation focused on some of the reasons why a bank or other financial institution might reject a Power of Attorney and Eric provided perspective and tips for drafting Powers of Attorney and working a client’s financial institution to resolve any problems so the agent can be granted access to the principal’s accounts.  Eric also discussed some best practices for helping clients with accounts held in trust and dealing with accounts for decedents.

Eric was quoted in the lead article for the Illinois Bar Journal, April 2024, entitled “Behind the Curtain” (authored by Ed Finkel) about what to do when a banker will not accept a Power of Attorney.  The author described Eric’s best practices and drafting tips for estate planning practitioners to keep in mind when preparing Powers of Attorney.  Eric’s co-panelists, Elizabeth Anne Khalil (CIBC Bank’s Deputy General Counsel and Chief Privacy Officer), Lauren Barney (CIBC Managing Director and Associate General Counsel) and Aaron White (CIBC Managing Director and Senior Counsel) were also quoted in the article.

Eric is a frequent presenter and often participates in programs for estate planning attorneys, financial advisors, bankers, corporate trustees and others involved in asset management and estate planning.