Fiduciary Law - Estate and Trust Lawyers in Pennsylvania
The term "fiduciary law" encompasses a broad spectrum of the law in Pennsylvania. A fiduciary is a person or company who stands in a position of trust to another. A trustee of a trust is the best example of a fiduciary, since that trustee has what we call a "fiduciary duty" to act in accordance with the principles of the trust and in the best interests of the beneficiaries. Other common examples of fiduciary capacities are executors and administrators of estates, escrow agents, attorneys-in-fact under a Power of Attorney, Guardians of incapacitated persons, and members of the board of directors of corporations. All of these people have a fiduciary responsibility to the entities they serve. A corporation, too, can be a fiduciary, such as when a trust has a corporate trustee.
Many people seek legal help when they are called upon to exercise their fiduciary duties. The executor of an estate, the agent under a power of attorney, and the trustee of a trust are not always familiar with their legal obligations. There may be questions about how assets are handled. There may be disputes with others about how money should be distributed or invested. The person acting in such a fiduciary capacity will often need legal advice to steer clear of trouble.
The attorneys of Wolf, Baldwin & Associates, P.C. have helped many people in all kinds of fiduciary law cases. Over the last thirty years, our lawyers have drafted thousands of Wills, Powers of Attorney, and Living Wills. We have handled the administration of many Pennsylvania estates, and have counseled numerous PA executors on their duties as an executor. We have helped trustees administer Pennsylvania trusts. We act as escrow agents for our clients every day, and thus are fiduciaries ourselves. We have experience litigating breaches of fiduciary duties in the Orphans' Courts of Montgomery County, Berks County, and Chester County.
Please click here now to contact a lawyer at Wolf, Baldwin & Associates, P.C.. We have counseled many of your friends and neighbors in Montgomery County, Berks County, and Chester County, and we look forward to helping you, too.
The materials contained in this web site do not constitute legal advice, and contact with us through this web site does not establish an attorney-client relationship. The legal citations quoted in this web site may not be up-to-date. We provide these materials for general information purposes only. We make no claims, promises, or guarantees about the accuracy, completeness, or adequacy of the information, whether contained on this web site or any other site to which we might link. No web site can substitute for the fully informed, reasoned judgment of a lawyer. You should not rely on any material contained in this web site - instead you should contact one of our attorneys for a full consultation.