Question 18

  1. What is a fiduciary?
  2. A. A fiduciary is any person or institution that has the power to act on behalf of another in situations that require the utmost trust, honesty, and loyalty A fiduciary also has a legal obligation to act in a trustworthy and honest manner on behalf of anyone a fiduciary represents. Fiduciaries can serve in any number of roles in your estate both before and after your death.