Definify.com
Definition 2024
personal_fiduciary
personal fiduciary
English
Noun
personal fiduciary (plural personal fiduciaries)
- A person or firm serving as a trustee or trust protector, executor or personal representative, or discretionary or non-discretionary investment agent managing or impacting the management of assets for or on behalf of individuals and families, and the trusts, estates, private foundations and other entities they establish or control.