Difference between revisions of "Fiduciary"
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==Full Title or Meme== | ==Full Title or Meme== | ||
| − | A [[Fiduciary]] is someone who manages money or property for someone else. When you're named a fiduciary and accept the role, you must – by law – manage the person's | + | A [[Fiduciary]] is someone who manages money or other property for someone else. When you're named a fiduciary and accept the role, you must – by law – manage the person's property for their benefit, not yours. |
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==Reference== | ==Reference== | ||
[[Category: Trust]] | [[Category: Trust]] | ||
Revision as of 16:21, 13 September 2024
Full Title or Meme
A Fiduciary is someone who manages money or other property for someone else. When you're named a fiduciary and accept the role, you must – by law – manage the person's property for their benefit, not yours.