June 2011 Intro Page

Dec Page

The question of the month deals with fiduciaries and their duties and liabilities arising from the fiduciary role. 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.