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ARTICLE · 15 APRIL 2021

Fiduciary Law In A Nutshell: What Must An Executor/ Trustee/Attorney Do? Not Do?

If you take on the role of executor, trustee, or attorney for property, it is important to understand you will be acting as a fiduciary.

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If you take on the role of executor, trustee, or attorney for property, it is important to understand you will be acting as a fiduciary. Each of these roles is defined by a distinct set of legal principles and rules which constitute fiduciary law. They require that you adopt a "fiduciary mindset", and understand when your actions could be problematic and get you into trouble. So, here's my stab in the brief length of this blog at distilling the essence of being a fiduciary, some key fiduciary obligations and some of the "do's" and "don'ts".

If you take on the role of executor, trustee, or attorney for property, it is important to understand you will be acting as a fiduciary. Each of these roles is defined by a distinct set of legal principles and rules which constitute fiduciary law. They require that you adopt a "fiduciary mindset", and understand when your actions could be problematic and get you into trouble. So here's my stab in the brief length of this blog

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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