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LSDefine

Simple English definitions for legal terms

dilatory fiduciary

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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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JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
shaquilleoatmeal
17:45
put me on - whats the first song on the album thats heat
babycat
17:45
I don’t know sweetgreen like that because I’m not part of the PMC. your legs looked super tan though
hey now is my favorite
peekaboo, squabble up, tv off and gnx good too. Heart pt 6 and reincarnated for straight lyricism
shaquilleoatmeal
17:49
@babycat: should i bring you to sg next time im in ct?
shaquilleoatmeal
17:49
@ImpartialLion: any obvious diss tracks on there?
Whole thing got clear disses, but wacced out murals has the most obvious call outs
babycat
17:50
i used to work in an office two doors up the street from one and you can really see the glazed sweetgreen stare on the face of all those morgan stanley guys
BulbasaurNoLikeCardio
17:51
I have this professor for a legal analysis and writing for clients class that said you will need a JD and legal experience to get an A. He also grades ridiculously hard but leaves no comments on why you got that grade or what you did wrong. Dude is pissing me off with the whole you are wrong figure it out approach.
babycat
17:51
that’s just not proper teaching what a dickhead
BulbasaurNoLikeCardio
17:53
Going to ruin my 4.0 for a 2SH class.
BulbasaurNoLikeCardio
17:53
At least grad school GPA doesn't matter much
JumpySubsequentDolphin
17:53
@shaquilleoatmeal: the garlic steak thing
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