Tag Archives: what is fiduciary relationship
Types of Fiduciary Relationships
A fiduciary relationship is a legally recognized bond characterized by trust and responsibility, wherein one party, the fiduciary, acts in the best interest of the other party, the principal. The importance of these relationships extends across various sectors, including business, real estate, healthcare, and personal spheres. This article delves into the prevalent types of… Read More »
What is a Fiduciary Relationship?
A fiduciary relationship is one in which one party, called the fiduciary, has the legal duty to act in another party’s best interests. The fiduciary is expected to put the needs of the other party first. There are many different types of fiduciaries in Florida, including bankers, financial advisers, lawyers, doctors, and accountants. Examples… Read More »