Canadian courts have held employers, corporate trustees and boards of trustees affiliated with benefit plans as fiduciaries accountable to plan beneficiaries. Learn more about fiduciaries and their responsibilities in today's blog. The post So, What Is a Fiduciary? appeared first on Word on Benefits.| Word on Benefits
Serving on a homeowners association (HOA) board is an important way to give back to your community–but it also carries serious responsibilities. The board of directors are often surprised to learn that their volunteer roles can come with personal legal risk. What happens if a disgruntled homeowner sues the board? Can individual board members be […]| Kuester Management
What keeps a neighborhood thriving, property values strong, and residents satisfied? The answer often lies in the hands of the HOA board. Effective leadership by a homeowners’ association board plays…| Kuester Management
Serving as a Trustee of a Trust is difficult. In the case presented, a trust beneficiary alleged that the trustee—his aunt—breached her fiduciary duty. The trust beneficiary retained an expert in connection to this claim and this did not go well for either the beneficiary or damages expert. The article summarizes the case, provides a road map and an admonition to experts in these types of cases regarding what is needed, and the perils of using AI.| QuickRead | News for the Financial Consulting Professional
Breach of fiduciary duty can become a crime when it involves misconduct. Discover the legal consequences, and how we can help.| Serafini Law Office
