FIDUCIARY DUTIES

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Summary of Fiduciary Duties By: Peter C. Bradford

When a person accepts the responsibility of becoming an executor or a trustee, that person (“fiduciary”) also accepts fiduciary duties which arise from the applicable instrument, and by operation of law.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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