One of Caroline’s first responsibilities as a trustee is to make sure she complies with IRS rules. If the trust is a new one ...

Fiduciary duty requires real estate agents to act in the best interest of their client. This includes giving honest advice, protecting confidential information and making decisions that benefit the ...

Fiduciary duty obligates a professional to act in the client’s best interests. This can apply to financial advisors, attorneys, real estate agents and other professionals. Fiduciary duty is legally ...

In the case of an investor with a board designee, the Court of Chancery in Witmer clarified that it must be both.

In recent years, the term “fiduciary” has become a buzzword across the financial industry — prominently featured in marketing materials, advisor profiles and firm websites. While the concept isn’t new ...

The shareholders of closely held businesses are often some of the key employees of those businesses. Unlike at-will employees, shareholder-employees are entitled to fiduciary duties. These heightened ...