fiduciary(fĭdo͞oˈshēĕˌrē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. Among the common fiduciary relationships are guardian to ward, parent to child, lawyer to client, corporate director to corporation, trustee totrust, and bus...
美[fəˈduʃiəri] 英[fɪˈdjuːʃiəri] adj.信托的;信用的;受信托的 n.(尤指财产)受信托人(或公司) 网络受托人;受信人;财产受托人 复数:fiduciaries 权威英汉双解 英汉 英英 网络释义 fiduciary 显示所有例句 adj. 1. 信托的;信用的;(尤指)受委托的,受信托的involving trust, espe...
Regarding independent risk management of non-securities products, Pointer Creek will only contract as an independent broker, where our legal obligation is to serve the individual or entity obtaining the policy. This is vastly different than contracting as an agent - whose legal obligation is to serv...
Fiduciaries will also need to assess the impact of Y2K on the value of their investments, since they have a responsibility to preserve assets under their control. Failure to properly address Y2K concerns could leave fiduciaries subject to a unique set of liabilities, although the standard of care...
However, the concept of acting responsibly can be broadly interpreted, and may mean preserving principal to some fiduciaries and producing reasonable growth to others. Executors, trustees, guardians, and agents with powers of attorney are examples of individuals with fiduciary responsibility. Firms known...
The term embraces legal relationships such as those between attorney and client, Broker and principal, principal and agent, trustee and beneficiary, and executors or administrators and the heirs of a decedent's estate. A fiduciary relationship extends to every possible case in which one side places...
And as his agent, it is my fiduciary responsibility to get him the best deal. OpenSubtitles2018.v3 Okay, name the six fiduciary duties of a California real estate agent. OpenSubtitles2018.v3 Paragraph # is intended to ensure that the limitations of paragraph # cannot be used to prevent th...
Facilitating insurance benefits Maintaining accurate accounting and record keeping Notifying banks, brokerages, and other institutions Transacting business as necessary Assembling a team of advisors And when you pass away, we can assume responsibility as your corporate trustee to implement your plan and: ...
Fiduciary duties may differ depending on the type of beneficiary that a fiduciary serves. However, the legal and ethical obligations related to protecting the interests of beneficiaries generally include the following duties. Duty of Care Duty of care is the responsibility to inform oneself as complet...
An investment fiduciary need not be a financial professional (money manager, banker, and so on) but is anyperson with the legal responsibility for managing somebody else’s money. That means you have a fiduciary responsibility if you volunteered to sit on theinvestment committeeof the board of ...