FiduciaryAccount.com
About FiduciaryAccount.com
What is a fiduciary account? Who are fiduciary accounts filed with?
A fiduciary account is a statement of all the financial actions of an executor or trustee in the management of its responsibilities on behalf of a beneficiary or principle. The statement would include records of received and distributed funds for a given estate or trust.
A fiduciary account is generally submitted to a court to for official approval of the actions of the fiduciary under the laws and regulations that govern the particular type of scenario, such as the guidelines for trust management.
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