Are custodians under UTMA/UGMA considered fiduciaries

(2) “Fiduciary” means a guardian or conservator appointed under the provisions of this chapter or any other person appointed by a court to assume duties with ... Oct 10, 2024 ... When Trust is Broken: What Constitutes a Breach of Fiduciary Duty? A breach of fiduciary duty occurs when a fiduciary fails to live up to the ... The Public Fiduciary is an appointed County official who is responsible to serve as guardian, conservator, or personal representative for individuals who do not ... Oct 2, 2024 ... A fiduciary is a person or entity, eg, a financial advisor, following certain rules or guidelines around acting with loyalty and care. A fiduciary is an individual or organization that has taken on the responsibility of acting on behalf of another person or entity with honesty and integrity. Fiduciary Tax · any portion of the trust consists of property that was transferred to it by a person who was a Vermont resident when the trust became ... A fiduciary is someone who accepts the responsibility for taking care of the needs or property of another person for the benefit of that person. Sep 3, 2024 ... Fiduciary duty essentially means that you are responsible for acting and doing things to benefit someone else. A fiduciary transfer is a self-incorporation transfer between two spouses, etc. Definitions Visit our glossary for definitions of retail and non-retail, and ... The fiduciary program provides oversight of VA's most vulnerable beneficiaries, who are unable to manage VA benefits on their own. This may be due to injury, ...