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Fiduciary Deed for Use by Executors, Trustees, Trustors, Administrators and Other Fiduciaries Georgia Form

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Fiduciary Deed for Use by Executors, Trustees, Trustors, Administrators and Other Fiduciaries Georgia Form

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Instructions and help about Fiduciary Deed For Use By Executors, Trustees, Trustors, Administrators And Other Fiduciaries Georgia

who is fiduciary a fiduciary is a person who acts holds assets or maintains accounts on behalf of and for the benefit of another person a fiduciary has an obligation to take such action or manage such assets or accounts in the best interests of the other person example of a fiduciary is the trustee of a trust fiduciaries responsibilities and duties are both ethical and legal as an example in the united kingdom fiduciaries cannot profit from their position fiduciary activities can also apply to specific or one-time transactions for example a fiduciary deed is used to transfer property rights in a sale when a fiduciary must act as an executor of the sale on behalf of the property owner a fiduciary deed is useful when a property owner wishes to sell but is unable to handle their affairs due to illness incompetence or other circumstances

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