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Four Key Duties of a Fiduciary

1 byte removed, 23:48, 19 March 2018
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{{REVIEWEDPLS | reviewer = [[Kevin Smith]]|date= January 2018}}{{Managing Someone Else's Money TOC}}When you are appointed as an attorney under a power of attorney, you are a '''fiduciary'''. A fiduciary is someone who is in a position of trust toward another person. The law places '''duties''' on the fiduciary.
When your friend Martina names you as her attorney under her an enduring power of attorney, you must:
# Act honestly, in good faith and in Martina's best interest.
# Manage Martina's money and property carefully.
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