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What is the difference between the trustee and the fiduciary of a trust?

fiduciary and trustee


What is a fiduciary service?

A fiduciary service is a trust impose in a person to act on someone's behalf


Are Fiduciary trust funds checks guaranteed?

No.


What is the meaning of feduciary?

Do you mean fiduciary? If so, it means someone in whom trust has been reposed.


What is fiduciary issue?

Fiduciary issue is a part of the issue of notes in the past bank that is not supported by gold. Fiduciary refers to an ethical relationship of trust between two or more parties.


What is the term for fiduciary responsibility?

Fiduciary responsibility is a term concerning good stewardship of a portfolio, or a trust fund. In the case of many trust funds, a bank is the trustee of the Trust and by the will or contract made between the grantor and in this case a bank, the bank is obligated to exercise good review and proper care of the contents of the trust. Taxes are often part of the fiduciary responsibility.


What are duties of trustee?

The trustee has a fiduciary duty to the beneficiary of a trust. The trustee is the legal owner of the property of a trust. The beneficiary has no legal title to the property in the trust but may get use of the property without ownership. A beneficiary can show a breach of a fiduciary duty if the benefit, profit, or gain was acquiredWhile there was a conflict of interest: this most often occurs when the fiduciary does not serve the beneficiary's best interests.By taking advantage of the fiduciary position: this occurs when a fiduciary profits from his position, which is prohibited in the relationship


What is fiduciary fund?

A fiduciary fund is used to account for funds or assets that are held in trust by the government. These funds or assets are held for individuals or other entities.


Is a fiduciary account and an estate account the same?

A fiduciary is one who owes a duty of good faith, trust, confidence and a high standard of care in managing the property and money of another. An executor or administrator of an estate is a fiduciary. Therefore an estate account is also called a fiduciary account. The short answer to your question is yes.


What is a Fiduciary deed?

A fiduciary is a person who has the legal authority and responsibility to act for another. Fiduciaries are in a special position of trust and governed by laws that define their authority and provide penalties when they misbehave. Examples of fiduciaries would include trustee, executor, conservator, guardian, attorney in fact, agent, personal representative, etc. A deed from any person acting as a fiduciary is a fiduciary deed.A fiduciary is a person who has the legal authority and responsibility to act for another. Fiduciaries are in a special position of trust and governed by laws that define their authority and provide penalties when they misbehave. Examples of fiduciaries would include trustee, executor, conservator, guardian, attorney in fact, agent, personal representative, etc. A deed from any person acting as a fiduciary is a fiduciary deed.A fiduciary is a person who has the legal authority and responsibility to act for another. Fiduciaries are in a special position of trust and governed by laws that define their authority and provide penalties when they misbehave. Examples of fiduciaries would include trustee, executor, conservator, guardian, attorney in fact, agent, personal representative, etc. A deed from any person acting as a fiduciary is a fiduciary deed.A fiduciary is a person who has the legal authority and responsibility to act for another. Fiduciaries are in a special position of trust and governed by laws that define their authority and provide penalties when they misbehave. Examples of fiduciaries would include trustee, executor, conservator, guardian, attorney in fact, agent, personal representative, etc. A deed from any person acting as a fiduciary is a fiduciary deed.


What are governmental fiduciary funds?

Fiduciary funds are those used to account for funds held by the government in trust for others that cannot be used to support the government's programs, for example, an employee pension fund.


What is the meaning of fudiciary?

Fiduciary is essentially a trustee. It relates to the relationship between a trustee and a beneficiary when a trust is involved.