The Types and Responsibilities of a Fiduciary

The Red Wagon Estate Planning & Elder Law Show · Dec 22, 2022 · 24m

There are four types of fiduciaries. Serving as a fiduciary comes with great responsibility and takes a lot of work. Whether choosing a fiduciary or agreeing to serve as one, it's important to understand what the role requires. As Bellomo and Associates prepares to launch its new fiduciary workshop, Jeff introduces us to the various fiduciary types and what is expected of them.

Key Takeaways

01:29 – What is a fiduciary?

Someone to whom property or power is entrusted for the benefit of another

Four types of fiduciaries: financial power of attorney, health care power of attorney…