As any experienced doctor or lawyer may tell you, occasional malpractice claims are inevitable by-products of a busy and long-lasting practice. Many accountants, on the other hand, will proudly affirm ...

Accounting for Fiduciaries' Actions As with all other fiduciary duties, accounting is an integral part of being a fiduciary of an estate or trust, and must be handled with due care to protect both the ...

Financial advisors provide expert guidance on various aspects of your finances, including investments, retirement planning, tax optimization, financial planning, and even budgeting. They help you make ...

In Revenue Ruling 2006-26, 1 the Internal Revenue Service focused on two fiduciary accounting rules involving payments from an individual retirement account (IRA) to a trust intended to qualify for ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

A fiduciary is a person or organization that has a legal requirement to act in the best interests of their clients. They may face serious legal consequences for failing to do so. Financial fiduciaries ...

Understand what a fiduciary designation entails and how it sets these financial advisors apart Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance ...

As the debate over the Clear Cooperation Policy (CCP) and the proliferation of private listings has heated up, the term “fiduciary duty” has been bandied about. But could listing a client’s property ...

A fiduciary bond acts as a financial guarantee by ensuring a fiduciary acts in the best interest of the party the fiduciary serves, protecting estates and beneficiaries Written By Written by Staff ...