This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthor

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Fiduciary Responsibility
Fiduciary Responsibility

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!!! Overview
[{$pagename}] requires that the [Trustee] [MUST] be [Accountable] to make decisions about the [Resources] that are in the best interest of the [beneficiary].
!! [Revised Uniform Fiduciary Access to Digital Assets Act] ([RUFADDA])
Has been enacted in 43 states (with DE having the previous version). In 2019, it was introduced in DC, MA, PA. States that haven't yet considered it are: CA, OK, LA, and KY
!! [{$pagename}] vs [custodian]
A [custodian] is [Responsible] to protect the [Resources] from theft, but the [custodian] does not have [{$pagename}] 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:
[{ReferringPagesPlugin before='*' after='\n' }]
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop