Acting as a fiduciary isn’t always easy. A fiduciary owes many duties to the beneficiaries, and a breach of a duty can result in liability. One of these responsibilities is the duty to account.

As with all other fiduciary duties, accounting is an integral part of being a fiduciary of an estate or trust, and must be handled with due care to protect both the fiduciary and the beneficiaries. A ...

Financial advisors provide expert guidance on various aspects of your finances, including investments, retirement planning, tax optimization, financial planning, and even budgeting. They help you make ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

A fiduciary is a person or organization that has a legal requirement to act in the best interests of their clients. They may face serious legal consequences for failing to do so. Financial fiduciaries ...

Check out this month's Trust & Estates digital edition magazine for the latest on cryptocurrency and the role fiduciary professionals play for their clients. The fiduciary’s role has never been easy, ...

Understand what a fiduciary designation entails and how it sets these financial advisors apart Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance ...