TexasInheritance.Com
Learn who is a fiduciary in Texas
by Robert A. Ray
A trustee is a fiduciary.
Executors and Administrators are fiduciaries.
A power of attorney is a fiduciary
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. In any action that benefits the fiduciary, there is a presumption of undue influence.
To learn about the duties and liabilities of a fiduciary in Texas, look at this page:
Start here to learn about fiduciaries
Learn about powers of attorney in texas
Learn when an executor or other fiduciary must make an accounting
A power of attorney creates a fiduciary duty
Robert Ray
Board Certified in Personal Injury Trial Law by the Texas Board of Legal Specialization. We handle cases all across Texas. Our principal office is in Lantana, Texas (DFW area).
Why Us?
Inheritance disputes involve someone who has taken advantage of the elderly. These cases are complicated and most often, but not always, involve outsiders. We represent you knowing that these inheritance disputes are private and painful family matters. We know this is a stressful time for you. We strive to obtain the quickest and best results possible so that you can get this troubling episode behind you.
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This page is general information about Texas law. It is not legal advice about your situation, and reading it does not create an attorney–client relationship. These matters turn heavily on specific facts and specific dates, and the law has exceptions this page does not cover. You should not take, or refrain from taking, any action based on this page. Discuss your circumstances with an attorney who can advise you on them.