An executor is a fiduciary, meaning they have a legal duty to act in the best interests of the estate. When an executor fails to perform their duties or makes decisions that harm the estate, beneficiaries may have grounds to sue. Who is an executor? Executors are the...
Older California residents should be aware of financial elder abuse by fiduciaries. Recognizing the signs is important. What is a fiduciary? For these purposes, a fiduciary is a trusted person who manages a person’s affairs when they are unable to do so themselves....
Fiduciary duty is the term in California that describes the obligation that particular trusted parties have to their beneficiaries. For example, the person or institution that oversees and runs a trust has a fiduciary duty to do what is best for the beneficiary of the...