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

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

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

module for fiduciaries a fiduciary is a person or a business like a bank who has the obligation to act for another under circumstances which require trust good faith and honesty the most common estate related fiduciaries are the executor the trustee the guardian for minor children and the attorney for the estate fiduciaries are held to a higher standard of conduct and Trust than an average person and are expected to avoid conflicts of interest and acts of self dealing in which the fiduciary puts his interests above the rights of the persons relying on him executor or personal representative the executor has primary fiduciary responsibilities for the estate of a deceased person jurisdictions generally use the terms executor or personal representative often interchangeably to refer to an individual or corporate fiduciary who handles the administration of an estate in addition some states may use the term administrator for an intestate estate which means in a state where there is no will

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