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What is a Fiduciary?

Answer #518 -- ( Published 03/17/2006 03:02 PM | Updated 07/12/2017 10:38 AM )

What is a Fiduciary?

A Fiduciary is the guardian, trustee, executor, administrator, receiver, conservator, or any person who accepts the responsibility for taking care of the needs or property of another person for the benefit of that person. The term usually refers to the executor or administrator of an estate or the trustee of a trust.

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