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LSDefine

Simple English definitions for legal terms

fiducial relationship

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A quick definition of fiducial relationship:

A fiducial relationship is when two or more people have a special connection that affects their legal rights and responsibilities. This can include relationships like a doctor and patient, a lawyer and client, or a trustee and beneficiary. In these relationships, one person has a duty to act in the best interest of the other person. It's important to have trust and honesty in these relationships.

A more thorough explanation:

Definition: A fiducial relationship is a type of association between two or more people that involves a high level of trust and responsibility. It is a legally recognized relationship that affects the legal rights and duties of those involved.

Examples of fiducial relationships include:

  • Attorney-client relationship: This is a formal legal representation of a person by a lawyer. The lawyer has a duty to act in the best interest of the client and maintain confidentiality.
  • Doctor-patient relationship: This is the association between a medical provider and a patient. The doctor has a duty to ensure that the patient gives informed consent for treatment.
  • Trustee-beneficiary relationship: This is a relationship in which one person (the trustee) is responsible for managing assets for the benefit of another person (the beneficiary).
  • Guardian-ward relationship: This is a relationship in which one person (the guardian) is responsible for the care and well-being of another person (the ward), such as a minor or an incapacitated adult.

These examples illustrate how a fiducial relationship involves a high level of trust and responsibility. The person in the fiduciary role has a duty to act in the best interest of the other person and maintain confidentiality. This type of relationship is legally recognized and can affect the legal rights and duties of those involved.

fiducial | fiduciarius heres

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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