Category Archives: Fiduciary
Do You Have a Plan for a Successor Fiduciary?
A fiduciary refers to an entity or individual who is approved to act on your behalf regarding legal and financial matters. When a person is in the role of fiduciary, they must put your best interests and the best interests of beneficiaries at the forefront. This means there is both a legal and ethical… Read More »
What Is a Fiduciary’s Duty of Impartiality?
A fiduciary has several different responsibilities to the beneficiaries of an estate or a trust. Violating these could constitute a breach of fiduciary duty and being removed from this role or even being found personally accountable for financial mistakes that harmed the value of the trust or the estate. One of these duties is… Read More »
What Does It Really Mean to Be a Fiduciary?
The financial and estate planning world is filled with important terms that must be properly understood in order to make educated decisions to protect your interests. The concept behind a fiduciary is relatively simple but very important to understand. A fiduciary is a corporate entity or a person who has been appointed to act… Read More »