Fiduciary
Someone legally required to act in another person's best interest instead of their own.
What Fiduciary means in an estate
Executors, administrators, trustees, guardians, conservators, and agents under a power of attorney are all fiduciaries. The core duties are essentially the same everywhere: act loyally, keep the other person's property separate from your own, keep records, avoid self-dealing, treat beneficiaries impartially, and act with reasonable care. A fiduciary who breaches those duties can be removed and held personally liable.
How this works in your state
The concept is national, but the forms, procedure names, thresholds, and filing practice vary by state. Open your state glossary and guides to see how fiduciary is handled where the estate is being settled.
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Information current as of April 4, 2026
Settled Estate is not a law firm, and this content is for informational purposes only and does not constitute legal advice. Probate laws and procedures in your state can change. Consult with a qualified attorney for advice specific to your situation. Full disclaimer.