- PII
- S268667300000616-7-1
- DOI
- 10.31857/S0000616-7-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 5 (545)
- Pages
- 101-114
- Abstract
- There are two main types of fiduciary management tools legally approved in Florida: power of attorney and managing company. A power of attorney is usually issued by a person. An attorney or/and his office assume an ability to act on the person’s behalf. Managing companies are mostly represented by trust companies or financial institutions. They act on behalf of a trust founder. Under the Florida Law both types of trustees are responsible for the results of fiduciary management. The character of the responsibility, however makes it necessary to establish a control over the trustees’ activities.
- Keywords
- durable power of attorney, trust, trust company, fiduciary, fiduciary duty, trustor, trustee
- Date of publication
- 11.05.2015
- Number of purchasers
- 1
- Views
- 950
RAS History & PhilologyAsia and Africa Today
- ISSN (Print) 0321-5075
- ISSN (Online)2782-2389
FIDUCIARY MANAGEMENT AND RESPONSIBILITY IN FLORIDA STATE
Индексирование
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library