What are the duties of a mentor as a fiduciary (in some contexts)

Mar 21, 2023 ... Duty of Care · Participating actively in board meetings · Serving on at least one committee · Working to advance the nonprofit's mission and ... Mar 13, 2025 ... A fiduciary is an individual or organization that manages money and has a legal duty to act in the best financial interests of someone else. 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's role is not merely that of business manager, decision-maker, or guardian. It is also a nurturing bond of trust, concern, and attentive care- ... A fiduciary shall administer a trust or estate impartially, based on what is fair and reasonable to all of the beneficiaries. Oct 18, 2023 ... What Fiduciary Duties Do Real Estate Professionals Owe? · Representing the interests of the client; · Ensuring all parties to a transaction ... 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 ... Nov 6, 2020 ... Fiduciary duties (or equivalent obligations) exist to ensure that those who manage other people's money act in the interests of beneficiaries, ... Information maintained by the Legislative Reference Bureau Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Mar 26, 2025 ... Caring for your principal's interest: As a fiduciary, you're responsible for caring for the principal's interests, which involves informing ...