Any person entrusted with legal responsibility for managing another's property or business following the death of the owner is generally charged with the duty for operation and maintenance of the property in his care, custody, and control. Such a person has special insurance needs, especially since he can be held personally liable for damages sustained by a third party during the administration of his duties. This person to whom legal responsibility has been given is called a fiduciary. (A fiduciary is defined as a person or entity holding the character of a trustee in respect to the trust and confidence involved in it and the scrupulous good faith and candor which it requires.)