What are the consequences of breaching fiduciary duty

Fiduciary accounts are deposit accounts established by a person or entity for the benefit of one or more other parties, also known as principals. Only certain types of individuals, banks or trust companies may serve as nonresident fiduciaries. Please consult Tennessee Code Annotated, Section 35-50-107 for ... MAI Capital Management, built on the ideal of taking care of clients first, is a fiduciary financial adviser that aims to empower clients to simplify, protect, ... (d) The term “fiduciary” shall mean trustees, personal representatives, guardians, custodians under the Uniform Transfers to Minors Act (Chapter 45 of this ... A personal representative is a fiduciary who shall observe the standards of care applicable to trustees under the laws of the state of Montana. A fiduciary is responsible for the prompt, efficient and impartial administration of the decedent's estate. The Bogart way. Bogart Wealth is a fee-only fiduciary firm. That means we get paid by you; we don't accept commissions from third parties to promote or sell ... Jan 21, 2025 ... About Form 56-F, Notice Concerning Fiduciary Relationship of Financial Institution Publication 4235, Collection Advisory Group Numbers and Addresses PDF The instructions provided with California tax forms are a summary of California tax law and are only intended to aid taxpayers in preparing their state income ... ... fiduciary to manage tangible property to include management of a person's digital assets. The act allows fiduciaries to manage digital property like ...