A fiduciary is an individual legally bound to act in the best interests of another party, known as the principal. You probably already know that your California physician cannot disclose confidential information about your medical history without your permission....
Bay Area Estate And Tax Planning Law Firm
Fiduciaries
Finally dispelled: the most common myths about fiduciaries
Californians use a variety of financial advisors in an effort to leverage their money and limit their liabilities. Resources range from online and print publications to accountants and estate planning attorneys. However, not all financial advisors are looking out for...
Understanding the concept of fiduciary duty in California
Fiduciary duty refers to the duty of one party to act in the best interests of another. The main fiduciary duty is the duty of care, which requires fiduciaries to exercise reasonable care and skill when making decisions on behalf of others. There are other fiduciary...
What does fiduciary duty mean in California?
Many California residents might not be familiar with the term “fiduciary duty,” but it may or may not apply to their everyday life. In short, fiduciary duty refers to the relationship between a fiduciary – such as an employer or lawyer – and the principal slash...