• 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
  • 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
  • What is FIDUCIARY? FIDUCIARY meaning - FIDUCIARY definition - How to pronounce FIDUCIARY

    What is FIDUCIARY? FIDUCIARY meaning - FIDUCIARY pronunciation - FIDUCIARY definition - FIDUCIARY explanation - How to pronounce FIDUCIARY? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has entrusted funds to the fiduciary for safekeeping or investment. Likewise, asset managers—including managers of pension plans, endowments and other tax-exempt assets—are considered f...

    published: 03 Oct 2016
  • Fiduciary Duties

    David teaches Nina about the two main fiduciary duties of directors or trustees of charitable organizations in New Hampshire

    published: 04 Sep 2009
  • 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
  • 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
  • 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
  • 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
  • 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
  • Your Trust Fiduciary/Trustee—-Friend or Foe??

    Mark Nacol discusses wills and trusts.

    published: 14 Jul 2009
  • When Must the Trustee Provide an Accounting?

    Fundamental to trust law, a trustee is always under a duty to give information to a beneficiary. Most states have enacted statutes specifically dealing with this duty to account. In Florida Fla. Stat. 736.0813 provides that a trustee shall provide a trust accounting to the trust beneficiaries at least annually and on the termination of the trust. This accounting is the primary method a beneficiary can hold a trustee accountable. Without an accounting, a beneficiary is virtually powerless and at the mercy of the trustee. Many have asked the question -- exactly when is the accounting due? While none of the trust statutes specify a specific time frame when the accounting is due once a year has elapsed, common sense would suggest that a trustee has a reasonable amount of time to provide...

    published: 26 Aug 2014
  • Norris Fiduciary Services - BOOMERTALK!

    Elder Care Planning Specialist and Private Fiduciary, Nancy Norris has over 20 years experience in financial services. She's been a CA licensed real estate agent and loan officer, and a CA licensed investment/financial advisor. She's been a certified estate planning advisor since 1995. Her experience has prepared her to consult and guide individuals and families in all areas affecting Elder Care or Special Needs Planning. Her unique skills and experience set her apart from other's in the fiduciary field. She's been in private practice for the last 6 years as a Private Trustee/Fiduciary/Conservator.

    published: 25 Jun 2011
  • 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
  • Divest Invest conference - Fiduciary duty, board and trustee engagement – lessons learnt

    On 5 April 2016, The Climate Institute in collaboration with the Australian Environmental Grantmakers Network, hosted Australia's first Divest Invest conference. The event attracted 150 people from different sectors including philanthropists, endowments, faith based organisations, universities, councils, unions, super funds and socially responsible investment managers. Attendees learnt about the opportunities, challenges methodologies and transition pathways needed along the spectrum of divesting from fossil fuel and investing more into the zero carbon economy of the future. This fiduciary breakout session explored: What do boards need to consider in a post-Paris climate agreement reality? Do you understand what that may mean for your organisation? This session looks at what trustees ne...

    published: 28 Apr 2016
  • Profit & Loss, Accounting, Numbers and Financial Fraud; and Trustee/Fiduciary Cases

    published: 05 Jan 2014
  • LA Probate Law Discusses Trustee and Fiduciary.wmv

    LA Probate Law published by Schomer Law is your best resource for information on Probate Law in LA. Http://laprobatelaw.com

    published: 23 Mar 2012
  • How Do I Remove a Trustee?

    How do you remove a trustee in a Florida trust lawsuit? If you are the beneficiary of a Florida trust and you don’t like your Florida trustee, you can remove the trustee by filing a trust action. Why? Because that’s what the Florida trust code says. That governs beneficiary rights to Florida trusts. You actually have to file a lawsuit. You go down to the clerk’s office, you pay the filing fee, you bring a lawsuit, but here are some important points about removing a Florida trustee, you have to demonstrate that the Florida trustee is either unfit or intervening in the efficient administration of the trust, they are doing something wrong. One of the biggest misperceptions or misconceptions by trust beneficiaries regarding Florida trustees is they think they can remove a Florida trustee just ...

    published: 05 Sep 2014
  • Trustee Fiduciary Duties

    published: 05 Dec 2013
  • 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
  • Fiduciary Duties, Committee Member Liability and Conflicts

    Plan members, particularly in a time of economic turbulence, look to the trustee to ensure that the plan is well run and that their benefits are secure. As such, trustees must act independently of the employer, in accordance with the trust deed, for the benefit of the plan members. This discussion details the key fiduciary duties of trustees, including: the definition of acting in the best interests of the plan beneficiaries; duty of impartiality and what it means in a trustee context; acting in line with the trust deed and rules; communicating to members their rights and entitlements; protection from personal liability; dealing with conflicts of interest as a committee member; and ensuring required contributions are remitted to the plan on time & invested prudently and that benefits are p...

    published: 12 Jan 2015
  • Breach of Fiduciary Duty

    To learn more about breach of fiduciary duty visit http://www.lawinfo.com/fiduciary-relationship.html

    published: 12 Aug 2013
  • What Defines You in Your Role When Administering an Estate? - Fiduciary Broker Vlog #5

    Hi, I’m Dan Collins – a Sacramento, California licensed real estate broker with expertise in real property matters involving Probates and Trusts. I am also a California licensed general contractor and I act as court appointed receiver administrator for the Superior Court. If you have found yourself tasked with being an Executor administering a Probate or a Trustee in an estate, I can help you effectively execute your duties that attorneys do not help you with. To learn more, please visit my website: probate-realtor.biz Today’s subject is about serving as a Trustee or an Administer to an Estate, and the obligation to act as a fiduciary in your role. I read a Zig Ziglar quote this morning that was very appropriate to this subject. Mr. Ziglar stated: “Integrity eliminates guilt, because you...

    published: 08 Nov 2017
  • Keith Eckel clarifies to whom a trustee owes fiduciary responsibility

    published: 30 Oct 2014
  • Fiduciary Offering

    As a fiduciary, a trustee is held to the highest standard of care in caring for the assets entrusted to them and managing the trust in accordance with the purpose and intent of the person who created the trust.

    published: 20 Oct 2017
  • Trustee Fiduciary Duties

    published: 05 Dec 2013
  • cindy e bill fiduciary trustee dapne m walker

    published: 01 Nov 2011
  • Fiduciary Trustee Daphne M. Walker:Invoice Number: 009a -- 758, dated October 13, 2011.WMV

    Fiduciary Trustee Daphne M. Walker:Invoice Number: 009a -- 758, dated October 13, 2011

    published: 07 Dec 2011
  • audio of our calls of messages left to our Fiduciary Trustee Daphne Melinda Walker October 27 2011‏

    published: 01 Nov 2011
  • Why might the new capacity law be important to trustees & fiduciaries in Jersey?

    Capacity is a fundamental requirement to ensuring a valid trust at set up and during its administration, so trustees and fiduciaries need to apply the appropriate tests.

    published: 02 Jun 2016
developed with YouTube
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: 3735
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
BaskinFleece: Fiduciary Duty of a Trustee

BaskinFleece: Fiduciary Duty of a Trustee

  • Order:
  • Duration: 2:52
  • Updated: 10 May 2012
  • views: 753
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
What is FIDUCIARY? FIDUCIARY meaning - FIDUCIARY definition - How to pronounce FIDUCIARY

What is FIDUCIARY? FIDUCIARY meaning - FIDUCIARY definition - How to pronounce FIDUCIARY

  • Order:
  • Duration: 3:31
  • Updated: 03 Oct 2016
  • views: 3023
videos
What is FIDUCIARY? FIDUCIARY meaning - FIDUCIARY pronunciation - FIDUCIARY definition - FIDUCIARY explanation - How to pronounce FIDUCIARY? Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has entrusted funds to the fiduciary for safekeeping or investment. Likewise, asset managers—including managers of pension plans, endowments and other tax-exempt assets—are considered fiduciaries under applicable statutes and laws. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance, and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts. A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. —?Lord Millett, Bristol and West Building Society v Mothew A fiduciary duty is the highest standard of care at either equity or law. A fiduciary (abbreviation fid) is expected to be extremely loyal to the person to whom he owes the duty (the "principal"): such that there must be no conflict of duty between fiduciary and principal, and the fiduciary must not profit from his position as a fiduciary (unless the principal consents). The nature of fiduciary obligations differ among jurisdictions. In Australia, only proscriptive or negative fiduciary obligations are recognised, whereas in Canada fiduciaries can come under both proscriptive and prescriptive (positive) fiduciary obligations. In English common law, the fiduciary relation is an important concept within a part of the legal system known as equity. In the United Kingdom, the Judicature Acts merged the courts of equity (historically based in England's Court of Chancery) with the courts of common law, and as a result the concept of fiduciary duty also became applicable in common law courts. When a fiduciary duty is imposed, equity requires a different, stricter, standard of behavior than the comparable tortious duty of care at common law. The fiduciary has a duty not to be in a situation where personal interests and fiduciary duty conflict, not to be in a situation where his fiduciary duty conflicts with another fiduciary duty, and a duty not to profit from his fiduciary position without knowledge and consent. A fiduciary ideally would not have a conflict of interest. It has been said that fiduciaries must conduct themselves "at a level higher than that trodden by the crowd" and that "he distinguishing or overriding duty of a fiduciary is the obligation of undivided loyalty".
https://wn.com/What_Is_Fiduciary_Fiduciary_Meaning_Fiduciary_Definition_How_To_Pronounce_Fiduciary
Fiduciary Duties

Fiduciary Duties

  • Order:
  • Duration: 8:28
  • Updated: 04 Sep 2009
  • views: 7929
videos
David teaches Nina about the two main fiduciary duties of directors or trustees of charitable organizations in New Hampshire
https://wn.com/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: 285
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
Fiduciary Duties of a Co-Trustee

Fiduciary Duties of a Co-Trustee

  • Order:
  • Duration: 0:57
  • Updated: 05 Sep 2014
  • views: 209
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
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: 5165
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
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: 296
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
The Fiduciary Responsibilities of an Emeritus Trustee

The Fiduciary Responsibilities of an Emeritus Trustee

  • Order:
  • Duration: 1:19
  • Updated: 06 Apr 2014
  • views: 144
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
Your Trust Fiduciary/Trustee—-Friend or Foe??

Your Trust Fiduciary/Trustee—-Friend or Foe??

  • Order:
  • Duration: 4:55
  • Updated: 14 Jul 2009
  • views: 327
videos
Mark Nacol discusses wills and trusts.
https://wn.com/Your_Trust_Fiduciary_Trustee—_Friend_Or_Foe
When Must the Trustee Provide an Accounting?

When Must the Trustee Provide an Accounting?

  • Order:
  • Duration: 3:01
  • Updated: 26 Aug 2014
  • views: 1699
videos
Fundamental to trust law, a trustee is always under a duty to give information to a beneficiary. Most states have enacted statutes specifically dealing with this duty to account. In Florida Fla. Stat. 736.0813 provides that a trustee shall provide a trust accounting to the trust beneficiaries at least annually and on the termination of the trust. This accounting is the primary method a beneficiary can hold a trustee accountable. Without an accounting, a beneficiary is virtually powerless and at the mercy of the trustee. Many have asked the question -- exactly when is the accounting due? While none of the trust statutes specify a specific time frame when the accounting is due once a year has elapsed, common sense would suggest that a trustee has a reasonable amount of time to provide the accounting. What is a reasonable amount of time? In my opinion a reasonable amount of time would approximately 60 days from the close of the accounting period. This provides the trustee sufficient time to gather up the final month’s information and assemble the actual trust accounting. What if the trustee does not provide the trust accounting? I would suggest that you write to the trustee shortly after the accounting period is up to request an accounting. If the trustee fails or refuses to provide an accounting, you may be justified in arguing that the trustee has committed a breach of fiduciary duty and even a fraud and should at the very least, be removed for intentionally refusing to provide the accounting. If the accounting is not forthcoming a beneficiary can compel the accounting by filing a law suit for an accounting. I strongly urge trust beneficiaries to be vigilant in monitoring the trustee and making sure a timely accounting is provided. For more information about trusts, please contact BaskinFleece at 727.572.4545.
https://wn.com/When_Must_The_Trustee_Provide_An_Accounting
Norris Fiduciary Services - BOOMERTALK!

Norris Fiduciary Services - BOOMERTALK!

  • Order:
  • Duration: 2:21
  • Updated: 25 Jun 2011
  • views: 286
videos
Elder Care Planning Specialist and Private Fiduciary, Nancy Norris has over 20 years experience in financial services. She's been a CA licensed real estate agent and loan officer, and a CA licensed investment/financial advisor. She's been a certified estate planning advisor since 1995. Her experience has prepared her to consult and guide individuals and families in all areas affecting Elder Care or Special Needs Planning. Her unique skills and experience set her apart from other's in the fiduciary field. She's been in private practice for the last 6 years as a Private Trustee/Fiduciary/Conservator.
https://wn.com/Norris_Fiduciary_Services_Boomertalk
How Graham got fiduciary management right

How Graham got fiduciary management right

  • Order:
  • Duration: 5:26
  • Updated: 26 May 2016
  • views: 158
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
Divest Invest conference - Fiduciary duty, board and trustee engagement – lessons learnt

Divest Invest conference - Fiduciary duty, board and trustee engagement – lessons learnt

  • Order:
  • Duration: 46:17
  • Updated: 28 Apr 2016
  • views: 31
videos
On 5 April 2016, The Climate Institute in collaboration with the Australian Environmental Grantmakers Network, hosted Australia's first Divest Invest conference. The event attracted 150 people from different sectors including philanthropists, endowments, faith based organisations, universities, councils, unions, super funds and socially responsible investment managers. Attendees learnt about the opportunities, challenges methodologies and transition pathways needed along the spectrum of divesting from fossil fuel and investing more into the zero carbon economy of the future. This fiduciary breakout session explored: What do boards need to consider in a post-Paris climate agreement reality? Do you understand what that may mean for your organisation? This session looks at what trustees need to consider – and how they can go through this process. Be informed, establish policy, follow due process and achieve successful implementation.
https://wn.com/Divest_Invest_Conference_Fiduciary_Duty,_Board_And_Trustee_Engagement_–_Lessons_Learnt
Profit & Loss, Accounting, Numbers and Financial Fraud; and Trustee/Fiduciary Cases

Profit & Loss, Accounting, Numbers and Financial Fraud; and Trustee/Fiduciary Cases

  • Order:
  • Duration: 1:46
  • Updated: 05 Jan 2014
  • views: 108
videos
https://wn.com/Profit_Loss,_Accounting,_Numbers_And_Financial_Fraud_And_Trustee_Fiduciary_Cases
LA Probate Law Discusses Trustee and Fiduciary.wmv

LA Probate Law Discusses Trustee and Fiduciary.wmv

  • Order:
  • Duration: 2:32
  • Updated: 23 Mar 2012
  • views: 14
videos
LA Probate Law published by Schomer Law is your best resource for information on Probate Law in LA. Http://laprobatelaw.com
https://wn.com/La_Probate_Law_Discusses_Trustee_And_Fiduciary.Wmv
How Do I Remove a Trustee?

How Do I Remove a Trustee?

  • Order:
  • Duration: 1:25
  • Updated: 05 Sep 2014
  • views: 838
videos
How do you remove a trustee in a Florida trust lawsuit? If you are the beneficiary of a Florida trust and you don’t like your Florida trustee, you can remove the trustee by filing a trust action. Why? Because that’s what the Florida trust code says. That governs beneficiary rights to Florida trusts. You actually have to file a lawsuit. You go down to the clerk’s office, you pay the filing fee, you bring a lawsuit, but here are some important points about removing a Florida trustee, you have to demonstrate that the Florida trustee is either unfit or intervening in the efficient administration of the trust, they are doing something wrong. One of the biggest misperceptions or misconceptions by trust beneficiaries regarding Florida trustees is they think they can remove a Florida trustee just because they don’t like that Florida trustee. Uh-uh. That is not going to happen under Florida trust law. You, the trust beneficiary, to remove a Florida trustee, have to demonstrate, not with argument, not with an assumption, but with clear evidence and facts that the Florida trustee is in some way breaching their fiduciary duty, is unfit to serve, has a conflict of interest, is engaging in self-conflicted actions, improper action or transfers or excessive fees or costs, something. Conjecture won’t carry the day, just because you don’t like your trustee is not a winning case.
https://wn.com/How_Do_I_Remove_A_Trustee
Trustee Fiduciary Duties

Trustee Fiduciary Duties

  • Order:
  • Duration: 0:56
  • Updated: 05 Dec 2013
  • views: 248
videos
https://wn.com/Trustee_Fiduciary_Duties
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: 3596
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
Fiduciary Duties, Committee Member Liability and Conflicts

Fiduciary Duties, Committee Member Liability and Conflicts

  • Order:
  • Duration: 5:25
  • Updated: 12 Jan 2015
  • views: 98
videos
Plan members, particularly in a time of economic turbulence, look to the trustee to ensure that the plan is well run and that their benefits are secure. As such, trustees must act independently of the employer, in accordance with the trust deed, for the benefit of the plan members. This discussion details the key fiduciary duties of trustees, including: the definition of acting in the best interests of the plan beneficiaries; duty of impartiality and what it means in a trustee context; acting in line with the trust deed and rules; communicating to members their rights and entitlements; protection from personal liability; dealing with conflicts of interest as a committee member; and ensuring required contributions are remitted to the plan on time & invested prudently and that benefits are paid timely & in line with plan terms and the law. Mitch Frazer is a partner and the chair of the Pensions and Employment Practice at Torys LLP. His practice focuses on all aspects of pensions, benefits, employment and executive compensation matters. This clip examines CAPSA and its role in pension governance, including key guidelines and the advantages of developing a funding policy.
https://wn.com/Fiduciary_Duties,_Committee_Member_Liability_And_Conflicts
Breach of Fiduciary Duty

Breach of Fiduciary Duty

  • Order:
  • Duration: 1:06
  • Updated: 12 Aug 2013
  • views: 3905
videos
To learn more about breach of fiduciary duty visit http://www.lawinfo.com/fiduciary-relationship.html
https://wn.com/Breach_Of_Fiduciary_Duty
What Defines You in Your Role When Administering an Estate? - Fiduciary Broker Vlog #5

What Defines You in Your Role When Administering an Estate? - Fiduciary Broker Vlog #5

  • Order:
  • Duration: 4:53
  • Updated: 08 Nov 2017
  • views: 2
videos
Hi, I’m Dan Collins – a Sacramento, California licensed real estate broker with expertise in real property matters involving Probates and Trusts. I am also a California licensed general contractor and I act as court appointed receiver administrator for the Superior Court. If you have found yourself tasked with being an Executor administering a Probate or a Trustee in an estate, I can help you effectively execute your duties that attorneys do not help you with. To learn more, please visit my website: probate-realtor.biz Today’s subject is about serving as a Trustee or an Administer to an Estate, and the obligation to act as a fiduciary in your role. I read a Zig Ziglar quote this morning that was very appropriate to this subject. Mr. Ziglar stated: “Integrity eliminates guilt, because you do the right thing.” If you are a family member that has been tasked to administer an estate, you may not know it but your actions will define you, and your family’s opinion of you, for years into the future. I know this from my own personal experience having acted as Probate Administrator in my father’s estate, and as the Trustee in my mother’ estate. If you have recently been appointed as a personal representative to a Probate or, as a Trustee to administer an estate, you will be presented with challenges in the coming months that you never imagined. Let me share with you a story about a very difficult I challenge I personally had to negotiate while acting as a Trustee administrating my mother’s estate. To complete the distributions to my siblings, who were beneficiaries, I needed to sell an income property that her estate partially owned. The tenant had provided me with the required written notice of their intention to exercise the option to purchase, and my siblings and I were anxious to complete that sale and make the final distributions of the estate. I had a willing buyer, who was the tenant in the property, but his business partner objected to the terms. The negotiations to settle with his unhappy partner took almost three months, during which time the bank withdrew its offer to fund the loan. Meanwhile, my younger sister, who had anticipating that the sale would be completed, and that she would receive a cash distribution, had gone under contract to buy a home in the city where she lived. She had placed a large non-refundable deposit on the home and had days to close her acquisition or she would forfeit her large deposit. As you can imagine, this created a lot of stress on me to perform and meet everyone’s expectations. Despite years of experience as a court appointed receiver administrator, and years of experience with all facets of probate, I found myself in a defining moment in my life. I knew that how I handled this situation would define my relationship with my siblings for the rest of my life. Fortunately, following the integrity advice of Zig Ziglar, I met the challenge head on and I did the right thing for my siblings. I managed to salvage the sale of the trust owned property, I found a bridge loan for my sister, so she did not have to forfeit her deposit and lose the home she and her husband wanted, and I made it possible for the tenant to get new preferred loan terms from their lender. It was the best solution for everyone, even though I personally had to give up a lot financially to make it happen. But I absolutely don’t regret the decisions I made at my own expense because I kept my relationship with my siblings in good standing. And that’s the same advice I would give anyone who is a trustee or an administrator to an estate: Do the right thing! Benefiting yourself at the expense of others is a recipe for broken relationships and poor reputations. In the long run, the potential financial gains are never worth the lifelong costs of bitter hurt feelings, and family rifts that can sometimes last for generations. My name is Dan Collins, I act as a “fiduciary broker” in probates and trusts that involve real property assets. To learn more, please visit my website: probte-realtor.biz Thank you for joining me today.
https://wn.com/What_Defines_You_In_Your_Role_When_Administering_An_Estate_Fiduciary_Broker_Vlog_5
Keith Eckel clarifies to whom a trustee owes fiduciary responsibility

Keith Eckel clarifies to whom a trustee owes fiduciary responsibility

  • Order:
  • Duration: 0:33
  • Updated: 30 Oct 2014
  • views: 151
videos
https://wn.com/Keith_Eckel_Clarifies_To_Whom_A_Trustee_Owes_Fiduciary_Responsibility
Fiduciary Offering

Fiduciary Offering

  • Order:
  • Duration: 1:51
  • Updated: 20 Oct 2017
  • views: 15
videos
As a fiduciary, a trustee is held to the highest standard of care in caring for the assets entrusted to them and managing the trust in accordance with the purpose and intent of the person who created the trust.
https://wn.com/Fiduciary_Offering
Trustee Fiduciary Duties

Trustee Fiduciary Duties

  • Order:
  • Duration: 0:56
  • Updated: 05 Dec 2013
  • views: 239
videos
https://wn.com/Trustee_Fiduciary_Duties
cindy e bill fiduciary trustee dapne m walker

cindy e bill fiduciary trustee dapne m walker

  • Order:
  • Duration: 2:26
  • Updated: 01 Nov 2011
  • views: 89
videos
https://wn.com/Cindy_E_Bill_Fiduciary_Trustee_Dapne_M_Walker
Fiduciary Trustee Daphne M. Walker:Invoice Number: 009a -- 758, dated October 13, 2011.WMV

Fiduciary Trustee Daphne M. Walker:Invoice Number: 009a -- 758, dated October 13, 2011.WMV

  • Order:
  • Duration: 3:45
  • Updated: 07 Dec 2011
  • views: 239
videos
Fiduciary Trustee Daphne M. Walker:Invoice Number: 009a -- 758, dated October 13, 2011
https://wn.com/Fiduciary_Trustee_Daphne_M._Walker_Invoice_Number_009A_758,_Dated_October_13,_2011.Wmv
audio of our calls of messages left to our Fiduciary Trustee   Daphne Melinda Walker October 27 2011‏

audio of our calls of messages left to our Fiduciary Trustee Daphne Melinda Walker October 27 2011‏

  • Order:
  • Duration: 4:26
  • Updated: 01 Nov 2011
  • views: 53
videos
https://wn.com/Audio_Of_Our_Calls_Of_Messages_Left_To_Our_Fiduciary_Trustee_Daphne_Melinda_Walker_October_27_2011‏
Why might the new capacity law be important to trustees & fiduciaries in Jersey?

Why might the new capacity law be important to trustees & fiduciaries in Jersey?

  • Order:
  • Duration: 0:33
  • Updated: 02 Jun 2016
  • views: 29
videos
Capacity is a fundamental requirement to ensuring a valid trust at set up and during its administration, so trustees and fiduciaries need to apply the appropriate tests.
https://wn.com/Why_Might_The_New_Capacity_Law_Be_Important_To_Trustees_Fiduciaries_In_Jersey
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