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Simple English definitions for legal terms

dilatory fiduciary

Read a random definition: Transfers to Minors Act

A quick definition of dilatory fiduciary:

A fiduciary is someone who is responsible for taking care of someone else's money or property. They have to be honest and trustworthy and always act in the best interest of the person they are taking care of. A dilatory fiduciary is someone who is taking too long to do their job and is not doing it as quickly as they should be. There are also other types of fiduciaries, like temporary ones who are only in charge for a short time, and successor fiduciaries who take over for someone else.

A more thorough explanation:

Definition: A dilatory fiduciary is a trustee or other fiduciary who is unreasonably slow in administering an estate.

Explanation: A fiduciary is a person who is required to act for the benefit of another person on all matters within the scope of their relationship. They owe the duties of good faith, trust, confidence, and candor to the other person. A dilatory fiduciary is someone who is appointed to manage an estate but is taking an unreasonable amount of time to do so.

Example: For example, if a person dies and leaves behind a will, the executor of the will is the fiduciary who is responsible for administering the estate. If the executor is taking an unreasonably long time to distribute the assets to the beneficiaries, they can be considered a dilatory fiduciary.

Additional Example: Another example of a dilatory fiduciary could be a trustee who is appointed to manage a trust but is taking an unreasonable amount of time to make distributions to the beneficiaries.

dilatory exception | dilatory motion

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Thank you! But lowkey my page a lil fake. Withdrew from UChi after missing the II and the fact my future wife wants to leave the midwest anyways (i cant lie its mainly the first reason tho)
13:16
UChi didn’t inv u but you hit cls w half
13:16
That’s crazy haha
Honestly no clue. I missed NU waves too. Quite frankly, I think my why chicago statements were very meh
My PS and DS were sort of emotion but ended on a happy note. My why chi’s also did a little emotional stuff and I think it might’ve hurt me a bit. No clue tho🤷🏽‍♂️
Trismegistus
13:17
im pubbed in a bar association does that not mean anything wtfffff :(
13:18
@ImpartialLion: water under the bridge for you now tbh 🔥
13:18
Wonder what HLS is doing w our apps tho
texaslawhopefully
13:18
at least you're wondering lol
texaslawhopefully
13:18
I had the II and then got R'd
lilypadfrog
13:19
guys am I part of this conversation i also have a good lsat and no acceptances. I want to feel included
Trismegistus
13:19
my own alma mater straight up ignoring me too
13:19
@lilypadfrog: ur not a kjd without work experience. Back off
I think I’m headed for the HLS WL. I heard that if you get off the WL, you put down your deposit before you hear your offer? Idk how i feel ab that
13:19
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Every thursday, i still pretend like I have a chance at a II tho
13:20
Yeh my friend got it 5/15 last year… crazy late
13:20
Same same maybe tomorrow 😭
lilypadfrog
13:20
@sadpadresfan: :(
texaslawhopefully
13:21
that's a good thing 😭
texaslawhopefully
13:21
you have actual work experience
Trismegistus
13:21
i was on HLS WL and waited all summer :(
atwatodbit
13:21
i cannot imagine taking HLS at sticker with a good scholly elsewhere. i am trying to just pretend they dont exist tbh
Trismegistus
13:21
got a II and everything
If I didnt get into UVA in November my mental health would be decimated
13:22
@Trismegistus: can I ask where u attend now?
Now that the debt is real, even half is so damn expensive. I’m hopin to get a few extra grand from CLS in reconsiderations
Trismegistus
13:22
nowhere, i only applied there
choosingpeace
13:22
wait does penn release Rs and As on the same day
choosingpeace
13:22
why r ppl saying penn bloodbath today...
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