FIDUCIARY MANAGEMENT AND RESPONSIBILITY IN FLORIDA STATE
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FIDUCIARY MANAGEMENT AND RESPONSIBILITY IN FLORIDA STATE
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Edition
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
898
Readers community rating
0.0 (0 votes)
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References



Additional sources and materials


1. N.Y. 458, 464.
2. Arizona Law Review. P. 925-956, 2006.
3. So. 2d 500, 502 (Florida. 1992).
4. So. 2d 543 (Florida. 3d DCA 1995).
5. So. 2d 411, 415 (Florida. 4th DCA, 2001).
6. So. 2d 977 (Florida. 2003).
7. Black's Law Dictionary 297. 6th edition. 1990.
8. Blue and Brown Books B Blackwell. 1969. P. 17-19.
9. Doe v. Evans, 814 So. 2d 373-376 (Florida.2002).
10. Duke Law Journal. Vol. 37. No. 5.
11. Faulkner v. Arista Records LLC, 602 F. Supp. 2d, 480 (SDNY 2009).
12. Florida Statutes Annotated. § 475.01(1)(f), § 475.278(1),(3); § 518.11; § 518.11(1)(a); § 607.0830; § 608.4225(1); § 620.1408; § 620.8404; § 709.2101-709.2402.
13. Frankel Tamar. Fiduciary Law // 71 California Law Review. 1983. 795. P. 801, 803.
14. Mason A. Themes and Prospects. 246. 1985.
15. Restatement (Third) of Agency § 8.01. 2006.
16. SEC v. Yun, 130 F. Supp. 2d 1348, 1356-57 (M.D. Florida. 2001).
17. Smith Gordon D. The Critical Resource Theory of Fiduciary Duty // 55 Vanderbilt Law Review. 2002. P. 1421-1424.

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