Fiduciary

Learn about the definition for this legal term.

What is Fiduciary?

Any person or institution that has the power to act on behalf of another in situations that impose a legal duty of the fiduciary to use the utmost trust, honesty, and loyalty. A personal representative of an estate is a fiduciary.

Further Reading

For more detailed information, see our related Wills Trusts And Estates terms:

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