What are the specific duties of an executor or administrator of an estate

“Fiduciary” simply refers to the legal duty to act in the best interest of the established counterpart. 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, ... May 31, 2016 ... The Duty of Loyalty. Public fiduciaries have an absolute obligation to put the public's interest before their own direct or indirect personal ... Jul 31, 2024 ... A fiduciary is a person or organization that acts on behalf of another person or organization, and it involves putting their client's interest ahead of their ... A fiduciary is responsible for the prompt, efficient and impartial administration of the decedent's estate. A fiduciary is an individual or organization that has a legal duty of loyalty and care to another person (or persons). A fiduciary shall administer a trust or estate impartially, based on what is fair and reasonable to all of the beneficiaries. Our True Fiduciary Standards exist to help ensure you receive transparent advice focused on asset protection, growth, and helping you achieve the legacy you ... 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 ... Executor – A person named in a will to settle an estate. Fiduciary – A general term for one who manages the property or arranges for the personal care of.