Tag Archives: professional trustee
What is a “Professional Fiduciary”?
WHAT IS A PROFESSIONAL FIDUCIARY? Put simply, a professional fiduciary is a person who acts in a fiduciary capacity, as a business endeavor, in exchange for pay. There are numerous laws that define and govern the acts (and qualifications, and definition) of professional fiduciaries; this post will talk only about professional fiduciaries who act… Read More »
What is a Professional Trustee?
WHAT IS A PROFESSIONAL TRUSTEE? A trustee is the person (or entity, acting through an authorized individual representative) that manages trust property (also known as the trust estate). In the case of family trusts or individuals’ private trusts, the trustee usually is a private individual, either the settlor or one of the settlor’s friends or… Read More »
