Fiduciary
1. A person legally appointed and authorized to hold assets in
trust for another person. The fiduciary manages the assets for the
benefit of the other person rather than for his/her own profits.
2. A loan made on trust rather than against some security or asset.
Children or elderly people are typical candidates for a fiduciary.
If you need additional information on how to set up a Fiduciary,
please Contact Us.
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