jspωiki
Fiduciary Responsibility

Overview#

Fiduciary Responsibility requires that the Trustee MUST is Accountable to make decisions about the Resources that are in the best interest of the beneficiary.

A custodian is Responsible to protect the Resources from theft, but the custodian does not have Fiduciary Responsibility to the beneficiary. This means that a custodian MUST conduct any transaction for the trustee even if the custodian believes it is a bad decision.

More Information#

There might be more information for this subject on one of the following: