Corporate Fiduciary

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What is a Corporate Fiduciary?

A professional organization, such as a bank or trust company, appointed to act as executor or trustee.

A corporation, often a bank or trust company, that acts as a fiduciary, managing trusts, estates, or other financial assets on behalf of beneficiaries or heirs. Corporate fiduciaries are bound by fiduciary duties to act in the best interest of the beneficiaries, providing expertise in asset management and estate administration. Their involvement can enhance professionalism and objectivity in managing complex estates or trusts.

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