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A “Fiduciary” is a person or an institution you choose to entrust with the management of your property. Included among Fiduciaries are Executors and Trustees. 7JD Surrogate's Court - Fiduciary Responsibilities | NYCOURTS.GOV IN this session, I cover fiduciary taxation. Fidiciaurtaion txation deals maianly with estates and trusts tax return form 1041.
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Trustee is a fiduciary, that means if they are not doing what they're supposed to be doing, they can get sued. #EstatePlanning An "EXECUTOR" is the person named in a will to administer an estate. If the decedent leaves no Will (“INTESTATE”), the proceeding is called an “ADMINISTRATION