Fiduciary

Fiduciary in United States

Fiduciary Definition

This term is borrowed from the civil law. The Roman laws called a fiduciary heir the person who was instituted heir, and who was charged to deliver the succession to a person designated by the testament. Merlin, Repert. But Poth. ad Pand. vol. 22, says that fiduciarius haeres properly signifies the person to whom a testator has sold his inheritance under the condition that he should sell it to another. Fiduciary may be defined in trust, in confidence. A generic term embracing all persons acting in a fiduciary capacity.

Fiduciary in Foreign Legal Encyclopedias

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Fiduciary Fiduciary in the World Legal Encyclopedia.
Fiduciary Fiduciary in the European Legal Encyclopedia.
Fiduciary Fiduciary in the Asian Legal Encyclopedia.
Fiduciary Fiduciary in the UK Legal Encyclopedia.
Fiduciary Fiduciary in the Australian Legal Encyclopedia.

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Fiduciary Fiduciary in the Antritrust Portal of the American Encyclopedia of Law.
Fiduciary Fiduciary in the Bankruptcy Law Portal of the American Encyclopedia of Law.
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Fiduciary Fiduciary in the Tax Law Portal of the American Encyclopedia of Law.
Fiduciary Fiduciary in the and Finance and Banking Portal of the American Encyclopedia of Law.
Fiduciary Fiduciary in the Employment and Labor Portal of the American Encyclopedia of Law.
Fiduciary Fiduciary in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Fiduciary Fiduciary in the Environmental Law Portal of the American Encyclopedia of Law.

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Legal Issue for Attorneys

This term is borrowed from the civil law. The Roman laws called a fiduciary heir the person who was instituted heir, and who was charged to deliver the succession to a person designated by the testament. Merlin, Repert. But Poth. ad Pand. vol. 22, says that fiduciarius haeres properly signifies the person to whom a testator has sold his inheritance under the condition that he should sell it to another. Fiduciary may be defined in trust, in confidence. A generic term embracing all persons acting in a fiduciary capacity.

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Notice

This definition of Fiduciary Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..

Practical Information

Note: Some of this information was last updated in 1982

A person or organization such as a corporation (in U.S. law) holding a position and acting in the capacity of trust and special confidence so that he, she, or it is obliged to act with the highest degree of good faith, and to place ahead of his, her, or its own interests the interest of those represented; as an adjective having the nature of a trust. Attorneys, guardians, directors of corporations, and public officers may be fiduciaries.

(Revised by Ann De Vries)

What is Fiduciary?

For a meaning of it, read Fiduciary in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Fiduciary.

Meaning of Fiduciary

In plain or simple terms, Fiduciary means: A person who has assumed a special relationship to another person or another person’s property, such as a trustee, administrator, executor, lawyer, or guardian. The fiduciary must exercise the highest degree or care to maintain and preserve the person’s rights and/or property which are within his/her charge.

Resources

See Also

  • Legal Topics.
  • Further Reading (Articles)

    Fiduciary Risk Management, The CPA Journal; September 1, 2001; Witz, David J.

    Fiduciary responsibility and opportunity. The Tax Adviser; April 1, 2006; Primoff, Walter M. Gray, Robert L.

    Fiduciary Law, Non-Economic Interests and Amici Curiae, Melbourne University Law Review; December 1, 2008; Zhou, Lisa

    Fiduciary responsibility linked to increased plan sponsor insomnia. Employee Benefit News; May 1, 2005; DuFour, Jeffrey Frank, Stewart

    Fiduciary Duty and Members of Parliament, Canadian Parliamentary Review; June 22, 2008; Aagaard, Lindsay

    Fiduciary duty and the professional appraiser, The Canadian Appraiser; January 1, 2003; Mark R Frederick

    Fiduciary: Underrated Risk?, American Agent & Broker; March 1, 2012; Castoria, Louie

    Fiduciary Implications: Using Re-Enrollment To Improve Target Date Fund Adoption. Mondaq Business Briefing; August 30, 2011; Reish, Frederick

    Fiduciary: Underrated Risk? Learn to Whom Agents Owe Fiduciary Duty and Its Complications, American Agent & Broker; March 1, 2012; Castoria, Louis

    Fiduciary Analytics Takes Quantitative Fund Rating Approach. Money Management Executive; December 6, 2004; Lavine, Alan

    ERISA FIDUCIARIES IN BANKRUPTCY: PRESERVING INDIVIDUAL LIABILITY FOR DEFALCATION AND FRAUD DEBTS UNDER 11 U.S.C. § 523(a)(4), Emory Bankruptcy Developments Journal; April 1, 2006; Liotta, Jennifer

    “Intuitive fiduciaries”: The equitable structure of family life, Canadian Journal of Family Law; July 1, 2002; Margaret Isabel Hall

    Fiduciary Exception To The Attorney Client Privilege When Seeking Advice Regarding Plan Investment Options.(Employee Retirement Income Security Act of 1974), Mondaq Business Briefing; May 11, 2011

    A Theory of Fiduciary Liability, McGill Law Journal; February 1, 2011; Miller, Paul B.

    Fiduciaries Held Liable for Selecting Retail Mutual Funds. Mondaq Business Briefing; August 12, 2010

    Fiduciary Duties for Managers of Delaware Limited Liability Companies, Mondaq Business Briefing; July 11, 2013; Hanley, John

    Avoiding Fiduciary Liability, The CPA Journal; July 1, 2002; Goldwasser, Dan L.

    Fiduciary Obligation, Law of, Canadian Encyclopedia; January 1, 2012; M.M. LITMAN

    Fiduciary liability insurance: a necessary means of protection. Leader’s Edge; May 1, 1998; Welbourn, Thomas

    Fiduciary Or Not Fiduciary? That Is A Difficult Question. Mondaq Business Briefing; December 2
    3, 2011

    Fiduciary/ in State Statute Topics

    Introduction to Simplification Of Fiduciary Security Transfers (State statute topic)

    The purpose of Fiduciary/ is to provide a broad appreciation of the Fiduciary/ legal topic. Select from the list of U.S. legal topics for information (other than Fiduciary/).

    Meaning of Fiduciary

    In plain or simple terms, Fiduciary means: A person who has assumed a special relationship to another person or another person’s property, such as a trustee, administrator, executor, lawyer, or guardian. The fiduciary must exercise the highest degree or care to maintain and preserve the person’s rights and/or property which are within his/her charge.

    Resources

    Further Reading

    Fiduciary in the International Business Landscape

    Definition of Fiduciary in the context of U.S. international business and public trade policy: A person having a legal duty to act primarily for another’s benefit.

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