• What Is a Trustee's Fiduciary Duty? : Legal Advice

    Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance A trustee's fiduciary duty goes back to the common law that came over with the Mayflower. Find out about a trustee's fiduciary duty with help from a real estate expert in this free video clip. Expert: Steve Tracy Bio: Steve Tracy has been practicing law for 20 years, is licensed for law in 4 states, and is a Real Estate expert. Filmmaker: William Watters Series Description: The world of the law is a complicated one, which is why it's always important to both consult professionals and do as much research as possible if you have any questions. Get legal advice on a variety of topics with help from a real estate expert in this free video series.

    published: 03 Dec 2012
  • What is Fiduciary Litigation? Answered as a Short Story

    In this 4-minute funny cartoon video, Gaslowitz Frankel LLC http://www.GaslowitzFrankel.com explains the meaning of the services it provides and how it is valuable to you. Read the full script below: Most of us own things like cars, houses, stock, as well as life insurance or retirement accounts. They are referred to as assets. When we pass away, these assets are known as our estate. Usually, people choose to leave their estate to family and friends. To identify who gets what, they write wills or create trusts. Whoever gets a share of an estate or trust is called a beneficiary. The person appointed to transfer an estate or trust to the beneficiaries is called an executor or a trustee. Meet Nancy Smith and her brothers, John and David. After their mom passed away, Nancy and John helped...

    published: 20 Jun 2014
  • Trustee Fiduciary Duties

    published: 05 Dec 2013
  • Breach of Fiduciary Duties by a Florida Trustee

    A breach of the fiduciary duty by a Florida trustee is a very serious accusation. In Florida trust law, we call it a breach of trust. It’s the same thing. What it means is that a Florida trustee was not living up to its standard. Some important points about that; one, if you’re a Florida trustee, you may be breaching your fiduciary duties without even knowing it. That’s why we suggest that all Florida trustees retain an experienced Florida lawyer who handles trust litigation or trust law suits. It doesn’t matter who you get, as long as they’re experienced and they understand Florida trust law. Why? Because if you’re a Florida trustee and you’ve breached your fiduciary duty, you could be removed. You could also, personally, be responsible for paying damages. You could also, personally, be r...

    published: 05 Sep 2014
  • BaskinFleece: Fiduciary Duty of a Trustee

    Jay Fleece of BaskinFleece, discusses the fiduciary duty of a Trustee and the pitfalls of being a Trustee if the inform and accounting duties are not properly reported. BaskinFleece: (727) 572.4545 BaskinFleece primarily deals with controversies involving estates, trusts, wills and guardianships. Issues dealing with the validity of wills and trusts, breach of fiduciary duty, lack of capacity, spousal rights, creditors' rights and anything related to wills, trusts and guardianships are routinely dealt with. The vast experience in dealing with and resolving these specific issues has given the firm a wealth of knowledge -- which other less involved firms may not have. It is that knowledge base that sets BaskinFleece apart from the other firms and attorneys practicing in this area of the la...

    published: 10 May 2012
  • When Can A Beneficiary Compel An Accounting From An Executor, Trustee Or Administrator?

    Estate and trust accountings are tedious, time consuming and expensive. New Jersey law does not require that personal representatives (executors, trustees and powers of attorney) prepare a formal accounting as part of their fiduciary obligations to their principal. In this video Fredrick P. Niemann, Esq. of Hanlon Niemann explains the difference between a formal vs. informal accounting and when a fiduciary can and cannot be compelled to render a formal accounting. A must watch for executors, administrators, guardians, trustees and all personal representatives responsible for the financial affairs of an incapacitated person, or the probate of an estate under administration.

    published: 30 May 2014
  • What is a Fiduciary Income Tax Return? TurboTax Tax Tips Video

    http://turbotax.intuit.com Have you been appointed as trustee of a trust or the administrator of an estate? If so, you may be interested to hear about the tax returns you are responsible for filing. Watch this video to find out more about fiduciary income tax returns.

    published: 13 Jul 2012
  • What is a fiduciary duty?

    What is a fiduciary duty? | Sheryl Hunter | Hunter Business Law | We help your business | Request Consultation | 813-867-2640 | http://www.hunterbusinesslaw.com/ | info@hunterbusinesslaw.com | 119 S Dakota Ave , Tampa, FL 33606 Fiduciary duty is a term that's used to identify when there's a relationship between two parties where one party has a fiduciary duty to the other party. It can come up in professional relationships, so just between your financial advisor and their clients, they have a fiduciary duty. A trustee has a fiduciary duty. It also comes up in the context of business ownership where shareholders and other co-owners have fiduciary duties to each other, including a majority owner has a fiduciary duty to the minority owners. Sometimes people have a misconception that they...

    published: 12 Oct 2015
  • The Fiduciary Responsibilities of an Emeritus Trustee

    Tom Hyatt, senior fellow at the Association of Governing Boards, explains the fiduciary obligations of non-voting, emeritus trustees.

    published: 06 Apr 2014
  • How Graham got fiduciary management right

    A story about Graham the pension fund trustee, and how he got fiduciary management right. Go to https://www.lcp.uk.com/fiduciarymanagementoversight for more on LCP's approach to fiduciary management.

    published: 26 May 2016
  • The Role of the Professional Fiduciary, 2016

    Michael Gray interviews Richard H. Lambie, professional fiduciary, about “The Role of the Professional Fiduciary" for Financial Insider Weekly. They talk about what professional fiduciaries do, and what you need to know if you plan to take on the challenge of becoming a trustee. http://www.financialinsiderweekly.com

    published: 14 Mar 2016
  • Fiduciary Myth Busters - Myth 8: Fiduciary management adds conflicts of interest

    published: 10 Oct 2014
  • Equity & Trusts - Three Certainties: Objects

    Certainty of objects is more about the people who are the beneficiaries of a trust instrument rather than the physical objects that make up a trust. We have to examine the different types of trust: Fixed trusts are simple because they clearly identify the beneficiaries. Fiduciary mere powers give trustees a power without the obligation to actually use that power. As far as the certainty of objects is concerned we have the is or is not test from Re Gulbenkian [1968] but this raises problems around a small percentage of postulants where there is uncertainty. Lord Browne-Wilkinson attempted to resolve this in Re. Barlow [1979] by seeing the benefits as a series of identical, individual gifts. Discretionary trusts are not truly discretionary as they require a trustee to exercise their powe...

    published: 18 Feb 2017
  • Fiduciary Duties of a Co-Trustee

    The fiduciary duties of a Florida co-trustee are the same duties as a regular Florida trustee, but there are a few things that you need to be aware about. First of all, you should understand that you can’t put your head in the sand like an ostrich, you need to know what your co-trustee is doing, you have to evaluate the co-trustee and if they are doing something wrong, you have an obligation to either express your dissent in writing, sue that co-trustee if something is egregious, or tell your trust beneficiaries. You can’t stand silent if you see your co-trustees doing something wrong. You also have a responsibility to act in good faith and co-operate with your co-trustee. Now, if your co-trustee with your step-mum, in-law, an outlaw, a misfit, or a mistress, and you don’t get along with t...

    published: 05 Sep 2014
  • Smarter in :90 - Choosing a Fiduciary and Trustee

    The person who will administer your estate plan is a crucial decision. It's a large responsibility and can sometimes cause unnecessary tension in families. Learn how to pick a fiduciary and trustee who will help keep your family intact. Learn more at ubt.com/estate.

    published: 15 Oct 2014
  • Why Fiduciary Management?

    A pension scheme trustee explains why she has chosen a fiduciary management for her scheme. Next up a fiduciary manager explains his service. An adviser explains the choice in the market and a lawyer talks us through the legalities of contracts with such providers.

    published: 05 May 2010
What Is a Trustee's Fiduciary Duty? : Legal Advice

What Is a Trustee's Fiduciary Duty? : Legal Advice

  • Order:
  • Duration: 2:55
  • Updated: 03 Dec 2012
  • views: 2821
videos
Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance A trustee's fiduciary duty goes back to the common law that came over with the Mayflower. Find out about a trustee's fiduciary duty with help from a real estate expert in this free video clip. Expert: Steve Tracy Bio: Steve Tracy has been practicing law for 20 years, is licensed for law in 4 states, and is a Real Estate expert. Filmmaker: William Watters Series Description: The world of the law is a complicated one, which is why it's always important to both consult professionals and do as much research as possible if you have any questions. Get legal advice on a variety of topics with help from a real estate expert in this free video series.
https://wn.com/What_Is_A_Trustee's_Fiduciary_Duty_Legal_Advice
What is Fiduciary Litigation? Answered as a Short Story

What is Fiduciary Litigation? Answered as a Short Story

  • Order:
  • Duration: 3:59
  • Updated: 20 Jun 2014
  • views: 3400
videos
In this 4-minute funny cartoon video, Gaslowitz Frankel LLC http://www.GaslowitzFrankel.com explains the meaning of the services it provides and how it is valuable to you. Read the full script below: Most of us own things like cars, houses, stock, as well as life insurance or retirement accounts. They are referred to as assets. When we pass away, these assets are known as our estate. Usually, people choose to leave their estate to family and friends. To identify who gets what, they write wills or create trusts. Whoever gets a share of an estate or trust is called a beneficiary. The person appointed to transfer an estate or trust to the beneficiaries is called an executor or a trustee. Meet Nancy Smith and her brothers, John and David. After their mom passed away, Nancy and John helped take care of their elderly father as much as they could. They both lived out of town and had families and full-time jobs. David was single and lived close to their Dad. He did not have a stable job, so Dad helped support him and pay his bills. With age, Dad's memory got worse and he began to rely on David more and more. Eventually, David got their father to sign a power of attorney, which enabled him to authorize Dad's checks and even transfer some of his assets. After Dad died, it turned out that David was named the Executor of the will, so he was responsible for collecting all of Dad's property and distributing his estate to all the beneficiaries. When Nancy and John asked David what was in the estate, he just ignored them. Eventually, David became impossible to communicate with. Though the will appeared to leave the estate to the three of them equally, David said there were almost no assets left at the time of Dad's death. Now, Nancy and John were not only grieving the loss of their father -- they were also alarmed by their brother's secretive behavior. After talking to a friend, Nancy discovered that there was a litigation law firm called Gaslowitz Frankel LLC that specialized in helping people protect their inheritance rights. John's company lawyer mentioned the same law firm as being one of the country's best at solving estate and trust litigation problems. A quick Internet search revealed that Gaslowitz Frankel LLC was selected a Best Law Firm in Georgia in Trust and Estate Litigation, and Adam Gaslowitz and Craig Frankel have been widely recognized by their peers and the media as leaders in trust and estate litigation. Adam Gaslowitz also was listed in the Guide to the World's Leading Trust and Estate Litigators. For over 25 years attorneys at Gaslowitz Frankel LLC have specialized in a very unique area of law -- fiduciary litigation: will, estate, and trust disputes. Nancy and John realized that to have the law work for them, they needed a lawyer who specialized in fiduciary litigation. They called Gaslowitz Frankel LLC and shared their problem with an attorney who listened and understood. They learned that David had a fiduciary duty, a legal responsibility, to them, and that there were laws to protect their inheritance rights. Hiring Gaslowitz Frankel LLC gave them peace of mind and confidence that the best attorneys were protecting their rights. David was forced to account for all of the assets in Dad's estate, though he had already spent some of them. He was also removed as Executor to prevent further losses, and remaining assets were distributed appropriately. While happy with the outcome, Nancy and John regretted not hiring Gaslowitz Frankel LLC sooner, before David had the chance to take advantage of their father. If you ever have a dispute over a will or trust, either as an executor, trustee, or beneficiary, become involved in a contested guardianship or conservatorship, discover an abuse of a power of attorney, or face a business or financial dispute among partners, shareholders, or investors, call Gaslowitz Frankel LLC at 404-892-9797. The sooner you act, the better! For more information visit: www.GaslowitzFrankel.com twitter.com/EstateDispute facebook.com/EstateDispute
https://wn.com/What_Is_Fiduciary_Litigation_Answered_As_A_Short_Story
Trustee Fiduciary Duties

Trustee Fiduciary Duties

  • Order:
  • Duration: 0:56
  • Updated: 05 Dec 2013
  • views: 194
videos
https://wn.com/Trustee_Fiduciary_Duties
Breach of Fiduciary Duties by a Florida Trustee

Breach of Fiduciary Duties by a Florida Trustee

  • Order:
  • Duration: 0:54
  • Updated: 05 Sep 2014
  • views: 216
videos
A breach of the fiduciary duty by a Florida trustee is a very serious accusation. In Florida trust law, we call it a breach of trust. It’s the same thing. What it means is that a Florida trustee was not living up to its standard. Some important points about that; one, if you’re a Florida trustee, you may be breaching your fiduciary duties without even knowing it. That’s why we suggest that all Florida trustees retain an experienced Florida lawyer who handles trust litigation or trust law suits. It doesn’t matter who you get, as long as they’re experienced and they understand Florida trust law. Why? Because if you’re a Florida trustee and you’ve breached your fiduciary duty, you could be removed. You could also, personally, be responsible for paying damages. You could also, personally, be responsible for paying your attorney’s fees and also the attorney’s fees from the other side.
https://wn.com/Breach_Of_Fiduciary_Duties_By_A_Florida_Trustee
BaskinFleece: Fiduciary Duty of a Trustee

BaskinFleece: Fiduciary Duty of a Trustee

  • Order:
  • Duration: 2:52
  • Updated: 10 May 2012
  • views: 645
videos
Jay Fleece of BaskinFleece, discusses the fiduciary duty of a Trustee and the pitfalls of being a Trustee if the inform and accounting duties are not properly reported. BaskinFleece: (727) 572.4545 BaskinFleece primarily deals with controversies involving estates, trusts, wills and guardianships. Issues dealing with the validity of wills and trusts, breach of fiduciary duty, lack of capacity, spousal rights, creditors' rights and anything related to wills, trusts and guardianships are routinely dealt with. The vast experience in dealing with and resolving these specific issues has given the firm a wealth of knowledge -- which other less involved firms may not have. It is that knowledge base that sets BaskinFleece apart from the other firms and attorneys practicing in this area of the law. BaskinFleece is a law firm centrally located in mid-Pinellas County, just minutes from the courthouses in St. Petersburg, Clearwater and Tampa. The firm's geographic practice however, encompasses all of the west coast of Florida and if necessary anywhere in the United States. BaskinFleece handles cases from the pre-suit stages including mediation all the way through trial, both jury and non-jury and even at the appellate level, if necessary. The main focus of the firm in dealing with all controversies is the client. Cost, emotional impact and timeliness are all important to the client and the firm strives for an end result which leaves the client feeling that justice was accomplished.
https://wn.com/Baskinfleece_Fiduciary_Duty_Of_A_Trustee
When Can A Beneficiary Compel An Accounting From An Executor, Trustee Or Administrator?

When Can A Beneficiary Compel An Accounting From An Executor, Trustee Or Administrator?

  • Order:
  • Duration: 3:19
  • Updated: 30 May 2014
  • views: 2288
videos
Estate and trust accountings are tedious, time consuming and expensive. New Jersey law does not require that personal representatives (executors, trustees and powers of attorney) prepare a formal accounting as part of their fiduciary obligations to their principal. In this video Fredrick P. Niemann, Esq. of Hanlon Niemann explains the difference between a formal vs. informal accounting and when a fiduciary can and cannot be compelled to render a formal accounting. A must watch for executors, administrators, guardians, trustees and all personal representatives responsible for the financial affairs of an incapacitated person, or the probate of an estate under administration.
https://wn.com/When_Can_A_Beneficiary_Compel_An_Accounting_From_An_Executor,_Trustee_Or_Administrator
What is a Fiduciary Income Tax Return? TurboTax Tax Tips Video

What is a Fiduciary Income Tax Return? TurboTax Tax Tips Video

  • Order:
  • Duration: 2:10
  • Updated: 13 Jul 2012
  • views: 10679
videos
http://turbotax.intuit.com Have you been appointed as trustee of a trust or the administrator of an estate? If so, you may be interested to hear about the tax returns you are responsible for filing. Watch this video to find out more about fiduciary income tax returns.
https://wn.com/What_Is_A_Fiduciary_Income_Tax_Return_Turbotax_Tax_Tips_Video
What is a fiduciary duty?

What is a fiduciary duty?

  • Order:
  • Duration: 1:15
  • Updated: 12 Oct 2015
  • views: 109
videos
What is a fiduciary duty? | Sheryl Hunter | Hunter Business Law | We help your business | Request Consultation | 813-867-2640 | http://www.hunterbusinesslaw.com/ | info@hunterbusinesslaw.com | 119 S Dakota Ave , Tampa, FL 33606 Fiduciary duty is a term that's used to identify when there's a relationship between two parties where one party has a fiduciary duty to the other party. It can come up in professional relationships, so just between your financial advisor and their clients, they have a fiduciary duty. A trustee has a fiduciary duty. It also comes up in the context of business ownership where shareholders and other co-owners have fiduciary duties to each other, including a majority owner has a fiduciary duty to the minority owners. Sometimes people have a misconception that they can just do whatever they want because I'm the main owner of the company, I'm the majority owner, I have complete control. Well you do up till a certain extent. You can't just pull cash out of the company account to pay your own personal debts. That would be a breach of fiduciary duty to your business partner and there is legal action that can be taken if you breach fiduciary duties.
https://wn.com/What_Is_A_Fiduciary_Duty
The Fiduciary Responsibilities of an Emeritus Trustee

The Fiduciary Responsibilities of an Emeritus Trustee

  • Order:
  • Duration: 1:19
  • Updated: 06 Apr 2014
  • views: 132
videos
Tom Hyatt, senior fellow at the Association of Governing Boards, explains the fiduciary obligations of non-voting, emeritus trustees.
https://wn.com/The_Fiduciary_Responsibilities_Of_An_Emeritus_Trustee
How Graham got fiduciary management right

How Graham got fiduciary management right

  • Order:
  • Duration: 5:26
  • Updated: 26 May 2016
  • views: 138
videos
A story about Graham the pension fund trustee, and how he got fiduciary management right. Go to https://www.lcp.uk.com/fiduciarymanagementoversight for more on LCP's approach to fiduciary management.
https://wn.com/How_Graham_Got_Fiduciary_Management_Right
The Role of the Professional Fiduciary, 2016

The Role of the Professional Fiduciary, 2016

  • Order:
  • Duration: 27:13
  • Updated: 14 Mar 2016
  • views: 137
videos
Michael Gray interviews Richard H. Lambie, professional fiduciary, about “The Role of the Professional Fiduciary" for Financial Insider Weekly. They talk about what professional fiduciaries do, and what you need to know if you plan to take on the challenge of becoming a trustee. http://www.financialinsiderweekly.com
https://wn.com/The_Role_Of_The_Professional_Fiduciary,_2016
Fiduciary Myth Busters - Myth 8: Fiduciary management adds conflicts of interest

Fiduciary Myth Busters - Myth 8: Fiduciary management adds conflicts of interest

  • Order:
  • Duration: 1:47
  • Updated: 10 Oct 2014
  • views: 23
videos
https://wn.com/Fiduciary_Myth_Busters_Myth_8_Fiduciary_Management_Adds_Conflicts_Of_Interest
Equity & Trusts - Three Certainties: Objects

Equity & Trusts - Three Certainties: Objects

  • Order:
  • Duration: 12:25
  • Updated: 18 Feb 2017
  • views: 204
videos
Certainty of objects is more about the people who are the beneficiaries of a trust instrument rather than the physical objects that make up a trust. We have to examine the different types of trust: Fixed trusts are simple because they clearly identify the beneficiaries. Fiduciary mere powers give trustees a power without the obligation to actually use that power. As far as the certainty of objects is concerned we have the is or is not test from Re Gulbenkian [1968] but this raises problems around a small percentage of postulants where there is uncertainty. Lord Browne-Wilkinson attempted to resolve this in Re. Barlow [1979] by seeing the benefits as a series of identical, individual gifts. Discretionary trusts are not truly discretionary as they require a trustee to exercise their power. McPhail v Doulton [1975] applied the is or is not test but in Re. Baden (No. 2) [1973] the justices attempted to resolve the uncertainty issue: Sachs LJ: Onus is on the apparent beneficiary Megaw LJ: Trust can still be valid with minor uncertainties Holders of personal powers are not subject to a fiduciary duty and so certainty of objects does not apply; Megarry VC in Re. Hay’s ST [1981]. There are some grey phrases and areas of language worth examining closely: 'Friends' Generally uncertain; Brown v Gould [1972] BUT Re. Baden (No. 2) [1973] 'Customers' Uncertain; Sparfax v Dommett [1972] 'Relatives' Statutory next of kin; McPhail v Doulton [1970] There are also ways of resolving uncertainty: Using experts Re. Tuck’s ST [1978] Rules that set out how to define beneficiaries Re. Wright’s WT [1857] Administratively workable Re. Hay’s ST [1982] There also has to be consideration of partial failure of trusts on grounds of uncertainty: Generally where a trust partially fails the whole trust fails Re. Gulbenkian [1968] Remove the uncertain clause of the instrument Re. Leek [1969] Courts will always try to validate a trust where possible to do so Harman J in Re. Gestetner [1953]
https://wn.com/Equity_Trusts_Three_Certainties_Objects
Fiduciary Duties of a Co-Trustee

Fiduciary Duties of a Co-Trustee

  • Order:
  • Duration: 0:57
  • Updated: 05 Sep 2014
  • views: 160
videos
The fiduciary duties of a Florida co-trustee are the same duties as a regular Florida trustee, but there are a few things that you need to be aware about. First of all, you should understand that you can’t put your head in the sand like an ostrich, you need to know what your co-trustee is doing, you have to evaluate the co-trustee and if they are doing something wrong, you have an obligation to either express your dissent in writing, sue that co-trustee if something is egregious, or tell your trust beneficiaries. You can’t stand silent if you see your co-trustees doing something wrong. You also have a responsibility to act in good faith and co-operate with your co-trustee. Now, if your co-trustee with your step-mum, in-law, an outlaw, a misfit, or a mistress, and you don’t get along with them, you are going to have to take some action. That may mean resigning or it may mean going to a probate court to resolve this difference between you two.
https://wn.com/Fiduciary_Duties_Of_A_Co_Trustee
Smarter in :90 - Choosing a Fiduciary and Trustee

Smarter in :90 - Choosing a Fiduciary and Trustee

  • Order:
  • Duration: 2:53
  • Updated: 15 Oct 2014
  • views: 284
videos
The person who will administer your estate plan is a crucial decision. It's a large responsibility and can sometimes cause unnecessary tension in families. Learn how to pick a fiduciary and trustee who will help keep your family intact. Learn more at ubt.com/estate.
https://wn.com/Smarter_In_90_Choosing_A_Fiduciary_And_Trustee
Why Fiduciary Management?

Why Fiduciary Management?

  • Order:
  • Duration: 3:17
  • Updated: 05 May 2010
  • views: 426
videos
A pension scheme trustee explains why she has chosen a fiduciary management for her scheme. Next up a fiduciary manager explains his service. An adviser explains the choice in the market and a lawyer talks us through the legalities of contracts with such providers.
https://wn.com/Why_Fiduciary_Management
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