Examples of Professional fiduciary in a sentence
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.
Professional fiduciary services are usually offered by corpo- rate fiduciaries.
It is highly desirable that the PM be a Project Management Professional (PMP) certified by the Project Management Institute (PMI) (include certification number on resume), or that the PM can demonstrate commensurate project management experience and skills.
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.