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FE AT U R E S TR U S T SEES TAT E SSE C T I O To Be Or Not To Be? . . . A Fiduciary Comstock Diane M. YawnOften there is an inherent conflict of interest between the fiduciaries interests and the

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What is a fiduciary?

A fiduciary is a person or organization that acts on behalf of another party and is legally obligated to act in the best interest of that party.

Who is required to file a fiduciary?

Individuals or entities appointed as fiduciaries, such as trustees, executors, or guardians, are required to file a fiduciary.

How to fill out a fiduciary?

To fill out a fiduciary, one must gather all relevant financial information, complete the necessary forms, and accurately report income, expenses, and distributions.

What is the purpose of a fiduciary?

The purpose of a fiduciary is to manage assets and make decisions on behalf of another party in a trustworthy and responsible manner.

What information must be reported on a fiduciary?

Information such as income, expenses, assets, liabilities, distributions, and any other relevant financial transactions must be reported on a fiduciary.

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