A fiduciary is a fancy catch all word for personal representative (which is another way of saying executor, executrix or administrator, administratix), guardians, agents, and trustees who are all subject to the jurisdiction of the Orphans’ Court in Pennsylvania.  Orphans’ Court: what is that and how does it apply to me? Unlike Criminal or Civil Court, Orphans’ Court is a court of protection.  The court acts as a protector and supervisor of the rights of those who cannot protect themselves.  This means the court has jurisdiction over things like guardianships, will contests, adoptions, power of attorney issues, and a myriad of other things.  They can keep an eye on agents to ensure they are acting within their fiduciary duties. Fiduciary duties vary depending on the particular fiduciary position a person holds, however the basic tenants are to act honestly and in the best interest of the person or estate you are acting on behalf of or for.  A lawyer can best advise you as to what the exact description of your fiduciary duties are if you ever find yourself in that position.  Acting as a fiduciary is a big responsibility and not one to be taken lightly.  So how should you go about selecting someone to act on your behalf?
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