A fiduciary is someone who accepts the responsibility to act in a way that represents the best interest of another.
The fiduciary can protect an individual, their benefits, and/or their personal property and affairs. They hold a position of trust and confidence. Some examples of fiduciaries are executors, trustees, attorneys in fact, health care agents, and court-appointed guardians.
The lawyers at Abraham & Bauer are appointed as fiduciaries and can also provide representation to fiduciary clients who need of assistance in fulfilling the financial and legal duties they accepted.
- Understanding Contract Provisions as a Component of an Estate Plan Reviewing contracts that control our accounts and asking questions about those agreements has become a necessary component of estate planning.
- Recognizing Senior Financial Abuse Senior financial abuse is increasing every year. The abuse can come from family members, friends, care facilities, financial institutions and of course strangers.