You Have Been Appointed as an Attorney: Difference between revisions
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You Have Been Appointed as an Attorney (view source)
Revision as of 18:46, 19 March 2018
, 19 March 2018→What is a fiduciary?
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When you act as an attorney for Martina, you have four key duties you must keep in mind: | When you act as an attorney for Martina, you have four key duties you must keep in mind: | ||
# Act honestly, in good faith and in Martina’s best interest | # Act honestly, in good faith and in Martina’s best interest. | ||
# Manage Martina’s money and property carefully | # Manage Martina’s money and property carefully. | ||
# Act within the authority you are given and within the law | # Act within the authority you are given and within the law. | ||
# Keep good records | # Keep good records. | ||
These duties are explained in the section “Four Key Duties of a Fiduciary”. They apply whether you are managing a lot of money or a little. They apply whether you are a family member or not. | These duties are explained in the section “Four Key Duties of a Fiduciary”. They apply whether you are managing a lot of money or a little. They apply whether you are a family member or not. | ||
