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Fiduciary
01
a person or organization that holds a position of trust, responsibility, and confidence to manage assets or property on behalf of others
fiduciary
01
fiduziarisch
legally obligated to act in the best interests of another party, typically when managing their assets or affairs
Beispiel
As a fiduciary, the trustee must act in the best interests of the beneficiaries.
The lawyer was appointed as the fiduciary to manage the estate after the owner's passing.
