The executor or administrator occupies a fiduciary relationship with regard to the estate.

Question

Quizplus · Accepted Answer

The executor or administrator is responsible for managing and distributing the assets of the estate in accordance with the wishes of the deceased and the applicable laws. As such, they have a fiduciary duty to act in the best interests of the estate and its beneficiaries, and must adhere to ethical and legal standards of conduct.

The Executor or Administrator Occupies a Fiduciary Relationship with Regard