Basically, a fiduciary is someone on whom the law imposes the highest duty to act on behalf of another like an executor, administrator or trustee.
Fiduciary relationships can be formal such as partners, agents, executors, administrators, trustees, a holder of a power of attorney, etc.
Fiduciary relationships can also be imposed by law because of the relationship of the parties such as domanance by one and weakness by another, where one has gained the trust of another to handle their affairs, etc. In a 2018 case, the Court of Appeals held that a funeral home had a special relationship (fiduciary relationship) with the family concerning the handling of a body. In the case, the funeral home picked up, transported and displayed to the family the wrong body. 08-17-00151-CV.
By Robert Ray a Texas inheritance attorney. The foregoing information is general in nature and does not apply to every fact situation. If you are concerned about Texas inheritance laws, inheritance rights, probate limits, have a family inheritance dispute, a property dispute or want to know the reasons for contesting a will or protecting a will from a contest and need an inheritance lawyer, we can help. Please click on the “Contact Us” tab above and use the contact form to contact us today. We are Texas inheritance lawyers and would love to learn about your case. There is no fee for the initial consultation.
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