
Fiduciary Duty
“Fiduciary duty is a legal obligation requiring an individual, such as a trustee or executor, to act in the best interests of beneficiaries, managing assets responsibly.”
A trust allows you to control how your assets are distributed, even after your passing. Common types include revocable trusts, irrevocable trusts, and special needs trusts.
Using a trust can help avoid probate, protect beneficiaries, and ensure your estate is managed according to your wishes. An experienced attorney can guide you through establishing the right trust for your situation.
Consult an attorney to understand fiduciary responsibilities and protect beneficiary interests.
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