Professional fiduciary definition

Professional fiduciary means an individual who represents

Professional fiduciary means an individual who represents himself or herself

Professional fiduciary means an individual who represents himself or herself to the public as having specialized training, experience or skills in the administration of trusts.

Examples of Professional fiduciary in a sentence

• Professional, fiduciary and ethical obligations to clients61.0.5 (1) The professional, fiduciary and ethical obligations of a person practising law or providing legal services, to a person on whose behalf he or she is practising law or providing legal services, (a) are not diminished by the fact that he or she is practising law or providing legal services through a professional corporation; and (b) apply equally to the corporation and to its directors, officers, shareholders, agents and employees.

• Ø Can/should a trust be established Ø Preserve benefits Ø Professional fiduciary – level of control Ø Provide for future needs Ø DO NOT commingle 1st party and 3rd party assets Ø If parent or grandparent establishes trust – “seed” the trust first Ø If court establishes trust – court must enter an order requiring the establishment of the trust BEFORE it is executed.

• Professional, fiduciary and ethical obligations to clients61.0.5 (1) The professional, fiduciary and ethical obligations of a person practising law or providing legal services, to a person on whose behalf he or she is practising law or providing legal services,(a) are not diminished by the fact that he or she is practising law or providing legal services through a professional corporation; and(b) apply equally to the corporation and to its directors, officers, shareholders, agents and employees.

• Professional fiduciary fees are expensive and frequently cause unnecessary drains on the financial means of their wards.

• To use this new procedure, debtors must foresee that they will not be able to continue paying their due and payable debts.14 Under such circumstances, the debtor or a court appointed restructuring specialist may offer a restructuring plan to the debtor’s creditors and shareholders.

More Definitions of Professional fiduciary

Professional fiduciary means an individual or entity that is in the business of acting as a fiduciary.

Professional fiduciary means a person who acts as a conservator or guardian for two or more persons at the same time who are not related to the professional fiduciary or to each other by blood, adoption, marriage, or registered domestic partnership. "Professional fiduciary" also means a person who acts as a trustee, agent under a durable power of attorney for health care, or agent under a durable power of attorney for finances, for more than three people or more than three families, or a combination of people and families that totals more than three, at the same time, who are not related to the professional fiduciary by blood, adoption, marriage, or registered domestic partnership. "Professional fiduciary" does not include any of the following:

Professional fiduciary means an individual trustee who represents himself to the

Professional fiduciary means a person who acts as a conservator of the person, the estate, or person and estate, or guardian of the estate, or person and estate, for two or more individuals at the same time who are not related to the professional fiduciary or to each other.

Professional fiduciary means an individual or

Professional fiduciary means an individual trustee who

Professional fiduciary also means a person who acts as a trustee,