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Learn who is a fiduciary in Texas

Published by Robert A. Ray

Contesting a will in Texas
– Robert Ray

Who is a fiduciary in Texas?

Everyone who controls money or property of another!

Basic Rule: In general, anyone who has possession of or control over the money or property of another is a fiduciary.

This includes holders of a power of attorney, executors, administrators, trustees, bankers, etc.

To learn about the duties and liabilities of a fiduciary in Texas, look at this page:

Trustee Overview

The articles below will give you good information about fiduciaries in Texas.

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Discover the Liability of a Fiduciary in Texas

A fiduciary owes the duty of loyalty and good faith, integrity of the strictest kind, fair, honest dealing, and the duty not to conceal matters which might influence his actions to his principal's prejudice. Fiduciary responsibility in Texas - If the fiduciary...

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Read About Gross Mismanagement by a Trustee.

A fiduciary can be removed because of gross mismanagement. In a recent case, an attorney was appointed as the Independent Executor of his great uncle's estate.  He was not a beneficiary under the will.  He hired himself to be the attorney for the estate.  The will did...

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A Power of Attorney Creates a Fiduciary Duty

Texas courts recognize that a person with a power of attorney owes the principal (the person who gave the power of attorney) a fiduciary duty. The holder of the power of attorney owes her principal a high duty of good faith, fair dealing, honest performance, and...

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Learn About Fiduciary Duty in Texas

Fiduciary responsibility in Texas - Fiduciary is a general term. A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. It includes executors,...

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Does a Trustee Have to Make an Accounting?

Trustee Accounting One of the primary duties of a trustee is to keep full, accurate and orderly records concerning the status of the trust estate and all acts performed by him. He is charged with maintaining an accurate account of all the transactions relating to the...

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Robert Ray is Board Certified

Robert Ray is the Editor and owner of this site. Board Certified, Personal Injury Trial Law — Texas Board of Legal Specialization. We handle cases throughout Texas. Our principal office is in Lantana, Texas (DFW area).
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Contesting a will in Texas

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