Fiduciary Responsibility


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.

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