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1. www.canlii.org › en › commentaryUnderstanding Fiduciary Duties and Relationship Fiduciarity ...

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   Leonard I Rotman, Understanding Fiduciary Duties and Relationship Fiduciarity, 2017 62-4 McGill Law Journal 975, 2017 CanLIIDocs 427, <https://canlii.ca/t/2f35>, retrieved on 2024-10-31. Note:

2. www.osullivanlaw.com › 2021 › 04Fiduciary Law in a Nutshell: What Must an Executor/Trustee ...

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   Apr 14, 2021 · 3. Duty Not to Delegate. A fiduciary may not delegate his or her authority to make decisions concerning the estate or trust property to someone else unless permitted by the will or trust agreement, legislation, or court order. While simple administrative tasks can be delegated, the fiduciary still has a duty of oversight.

3. www.thecanadianencyclopedia.ca › en › articleLaw of Fiduciary Obligation - The Canadian Encyclopedia

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   • What Is Fiduciary Obligation?
   • Breaches of Fiduciary Obligation
   • Indigenous Peoples

   The legal system recognizes many special relationships in which one party is required to look after the best interests of the other in the best possible way. These relationships are called fiduciary relationships. They include solicitor/client, physician/patient, priest/parishioner, parent/child, partner/partner, director/corporation and principal/...

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   Breach of fiduciary duty is a serious violation. Stringent remedial rules are used to put beneficiaries in the position they would have been in had there not been a breach of fiduciary duty. The beneficiary will be compensated for any losses flowing from the breach, such as a loss of an investment, or physical and mental suffering flowing from sexu...

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   The Crown has a fiduciary obligation toward Indigenouspeoples. The RoyalProclamation of 1763 established the relationship between the Crown and Indigenous people, and outlines that the Crown must act only in the interests of Indigenous people. In other words, the Crown must behave in accordance with fiduciary duty. After the Guerincase, fiduciary d...

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4. lawjournal.mcgill.ca › article › understandingUnderstanding Fiduciary Duties and Relationship Fiduciarity

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   The contents of the fiduciary “holy grail” also contemplate the unique space inside which the fiduciary concept operates within the law of civil obligations, as well as the foundational goals that the fiduciary concept is designed to accomplish. II. The Animating Forces of Fiduciary Duties.

5. www.oktlaw.com › wp-content › uploadsA CLOSER LOOK AT FIDUCIARY DUTY - oktlaw.com

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   Duty to perform duties personally. A trustee’s obligation is personal. General rule: others trustees cannot delegate duties to. BUT, can delegate duties in limited circumstances: expressly authorized by the trust; there is no other way for the trustee to perform the duties; common business practice. Cannot delegate all duties.

6. www.canlii.org › w › canliiFIDUCIARY DUTY AND FAMILY OBLIGATIONS: THE SUPREME ... - CanLII

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   of fiduciary duty required by the Frame test. His conclusions are supported in by McLachlin J. in Norberg. When analyzing the basis for fiduciary duty, she comments that the parent-child relationship clearly involves fiduciary obligation, even though it lacks the voluntary agreement which normally precedes imposition of such duties.20

7. People also ask

   What is the difference between a parent-child relationship and a fiduciary obligation?

   • n a parent-child relationship, it is important to be clear exactly what duties are being referred to.The difference is explained by Robert Flannigan in "The Fiduciary Obligation."41 Relationships which are categorized as fiduciary most frequently involve providing the fid ciary with access to assets; breach of duty occu

   FIDUCIARY DUTY AND FAMILY OBLIGATIONS: THE SUPREME COURT O…

   www.canlii.org/w/canlii/1993CanLIIDocs449.pdf

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   What is a fiduciary obligation?

   • The courts have determined that a fiduciary obligation exists where the fiduciary can exercise some discretion or power, and they do so in a way that affects the interests of the beneficiary. In these relationships, the beneficiary is in a position of vulnerability at the hands of the fiduciary. What is Fiduciary Obligation?

   Law of Fiduciary Obligation - The Canadian Encyclopedia

   www.thecanadianencyclopedia.ca/en/article/law-of-fiduciary-obligation

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   What are fiduciary duties?

   • Show more In their narrow conceptualization, he suggests that fiduciary duties are restricted to the prophylactic duties forbidding fiduciaries from profiting from their positions as fiduciaries or where their personal interests or those of a third-party conflict, or potentially conflict, with their duty to their beneficiaries.

   Understanding Fiduciary Duties and Relationship Fiduciarity

   lawjournal.mcgill.ca/article/understanding-fiduciary-duties-and-relationship-fiduciarity/

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   Does a fiduciary have a duty to account to beneficiaries?

   • A fiduciary has an obligation to account to the beneficiaries. Only if they have full information can they be in a position to protect their interests. To ensure they are able to do so, the law requires that executors and trustees maintain records and produce accounts upon reasonable notice.

   Fiduciary Law in a Nutshell: What Must an Executor/Trustee/Attorney Do

   www.osullivanlaw.com/2021/04/fiduciary-law-in-a-nutshell-what-must-an-executor-trustee-attorney-do-not-do/

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   What is a fiduciary duty in a trust?

   • Their duties typically involve investing trust assets, making distributions of income and principal, and providing regular accountings to the beneficiaries. The fiduciary duty is a complex and demanding legal obligation that requires a high degree of care, loyalty, and impartiality.

   Fiduciary Duties of Executors & Trustees in Ontario

   eisenlaw.ca/2024/09/24/the-fiduciary-duty-in-ontario-estates-law/

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   What is fiduciary law?

   • The protection of trust, and how the reposing of and caring for that trust affects human interaction, is central to this conceptualization of fiduciary law. Fiduciary law’s prescription of other-regarding behaviour looks beyond the limitations and immediacy of the self-interest that governs much of private law.

   Understanding Fiduciary Duties and Relationship Fiduciarity

   lawjournal.mcgill.ca/article/understanding-fiduciary-duties-and-relationship-fiduciarity/

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8. eisenlaw.ca › 2024/09/24 › the-fiduciary-duty-inFiduciary Duties of Executors & Trustees in Ontario

   eisenlaw.ca › 2024/09/24 › the-fiduciary-duty-in

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   Sep 24, 2024 · A fiduciary duty is a legal obligation imposed on an individual or entity to act with the utmost good faith and loyalty towards another. In the context of estate law, this relationship is particularly critical. Executors, tasked with administering a deceased person’s estate, and trustees, managing assets for beneficiaries under a trust, are ...