What IS a fiduciary?

A fiduciary is a person who assumes responsibility for a position of trust especially with regard to the relationship between a trustee and a beneficiary. A fiduciary duty is a legal or ethical relationship of confidence or trust between two or more parties. Typically, a fiduciary takes care of money for another person. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some manner. In such a relationship, good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts.

Marel gives a quick look at the role of a private professional fiduciary. Click below.

Marel T. Sterling, as a licensed professional fiduciary, takes very seriously her duties to prudently and knowledgeably handle the affairs of another. Serving those who put their trust in her is a sacred privilege. Providing personable and professional services is a high priority.

As an experienced administrative manager in the fields of non-profit, financial planning, home improvement, computer software development and seminar production, Marel offers a systematic and resourceful approach to the personal concerns of her clients. She is serving as Trustee for eight Special Needs Trusts and six Irrevocable Trusts; she is also Executor for Probate, Successor Trustee for two clients and holds three Powers of Attorney.

Testimonials