What Is a Fiduciary Bond? A fiduciary bond functions as a type of insurance that offers protection to heirs, beneficiaries, and creditors from fraudulent or dishonest actions committed by a fiduciary.

Question: You have written about the personal liability that a trustee or executor is subjected to when they administer an estate. I will be the trustee of my parents’ estate and one of my brothers is ...

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Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Far too many of us put off finalizing estate documents because we get hung-up on one or more decisions where we believe we have less than optimal choices. Over my next few posts, I will provide my ...

Estate attorneys may not enter agreements requiring them to act as insurers on bonds issued to executors or administrators they represent, a state Supreme Court panel says. In a formal opinion, the ...

At the time, the attorney said all beneficiaries needed to wait eight months before the proceeds of the sale would be ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Serving as the executor of an estate is not just an ...

TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of online ...