Los Angeles Fiduciary Litigation Attorney

What Is a Fiduciary?

Fiduciary means "trust" in Latin. It is someone who holds the assets for another party such as funds, property, pensions, and other valuables. The fiduciary often has the legal authority and duty to make decisions about those assets, their investment, management, and distribution on behalf of the other party. Thus the executor or administrator of a will or trust holds a fiduciary position in regards to that will or trusts and its beneficiaries.

The fiduciary is acting primarily for another party's benefit and is expected to perform his or her duties with the highest level of good faith and conduct. He or she operates in the best interests of his client. The fiduciary often has more knowledge and expertise about the matters being handled than a stranger or a casual businessperson. A conflict of interest is not allowed when it comes to his duties and performance as a fiduciary.

Fiduciary Litigation Lawyer in Los Angeles

A person in a fiduciary position may be liable if he does not perform his duties according to the trust or will or other legal instrument defining them and local law governing such. As a law firm that has focused on estate planning, trust and estate administration, and probate estate administration, the  fiduciary litigation lawyers at the Law Offices of David A. Shapiro have the familiarity with and competence to handle fiduciary litigation. We are a small firm ready and able to provide you with the personalized attention you need for such a case.