{"id":2838,"date":"2019-08-22T14:01:04","date_gmt":"2019-08-22T14:01:04","guid":{"rendered":"http:\/\/rsconsultingdns.com\/scarritt\/?page_id=2838"},"modified":"2024-08-07T18:49:20","modified_gmt":"2024-08-07T18:49:20","slug":"breach-of-fiduciary-duty","status":"publish","type":"page","link":"http:\/\/rsconsultingdns.com\/scarritt\/areas-of-practice\/breach-of-fiduciary-duty\/","title":{"rendered":"Breach Of Fiduciary Duty"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row content_width=&#8221;grid&#8221; triangle_shape=&#8221;no&#8221; css=&#8221;.vc_custom_1447926565788{padding-top: 70px !important;}&#8221;][vc_column offset=&#8221;vc_col-lg-9 vc_col-md-12&#8243;]\n<blockquote class=\"mkd-blockquote-shortcode\"  >\n\t<span class=\"mkd-icon-quotations-holder\" >\n\t\t<span aria-hidden=\"true\" class=\"mkd-icon-font-elegant icon_quotations \" ><\/span>\t<\/span>\n\t<h3 class=\"mkd-blockquote-text\" >\n\t<span>Fiduciary obligation exists when a party puts their trust into a professional to provide expertise and perform tasks on behalf of the client. Once the professional agrees to these fiduciary duties, he may not act against the best interest of the client for any reason. The professional must work to the best of his abilities to make sure his client is given the best work. This confidence between client and professional must be protected and the professional must work honestly and diligently to make sure his fiduciary duties are completed for the benefit of the client. If the professional acts against his client or performs tasks for his own personal gain then he would be in breach of his fiduciary duties.<\/span>\n\t<\/h3>\n<\/blockquote>[vc_row_inner css=&#8221;.vc_custom_1447926699772{padding-top: 45px !important;padding-bottom: 25px !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<div class=\"dnntitle\">\n<h4 class=\"box\" style=\"text-align: center;\"><span id=\"dnn_ctr2979_dnnTITLE1_titleLabel\" class=\"title1\">Fiduciary Relationships and Breaches<\/span><\/h4>\n<ul>\n<li class=\"box\" style=\"text-align: center;\">\n<h5>Attorney\/client<\/h5>\n<\/li>\n<li class=\"box\" style=\"text-align: center;\">\n<h5>Principal\/agent<\/h5>\n<\/li>\n<li class=\"box\" style=\"text-align: center;\">\n<h5>Trustee\/beneficiary<\/h5>\n<\/li>\n<\/ul>\n<\/div>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;20px&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<ul>\n<li><strong>Fiduciary-\u00a0<\/strong>The professional (attorney, principal, or trustee) who must perform duties for the client<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Client\/agent\/beneficiary-\u00a0<\/strong>puts their confidence in the fiduciary to perform their tasks to the best of their ability<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;20px&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;25px&#8221;][vc_column_text]This fiduciary relationship must be created under law or through the means of a written contract.<\/p>\n<p>&nbsp;<\/p>\n<h6><strong>How to tell if a fiduciary has breached his\/her duties<\/strong><\/h6>\n<p>&nbsp;<\/p>\n<ul>\n<li>Did the fiduciary relationship exist at the time of the alleged dispute?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>What were the duties of the the fiduciary?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Did the fiduciary complete these duties or act against them?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Did the fiduciary act for his own self interest?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Did he fail to report pertinent information or conflict of interest<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h6>Elements of a breach<\/h6>\n<ul>\n<li>Duties- The professional has duties such as good faith, fair dealing, full disclosure, and honesty<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Breach- Misuse, neglect, or misrepresentation of any of the duties would result in a breach\n<ul>\n<li>Damages- The client suffers damages caused by the breach<br \/>\nIf the client prevails in the lawsuit, they typically can recover most damages and can even recover punitive damages if the breach was committed out of fraud<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;25px&#8221;]\n\n\t<div class=\"mkd-call-to-action with-icon\" style=\"border: 1px solid #d8d8d8;\">\n\n\t\t\t\t\t<div class=\"mkd-call-to-action-row-66-33 clearfix\" style=\"padding: 2%;\">\n\t\t\n\t\t\t\t<div class=\"mkd-text-wrapper mkd-call-to-action-column1 mkd-call-to-action-cell\">\n\n\t\t\t\t\t\t\t\t\t<div class=\"mkd-call-to-action-icon-holder\">\n\t\t\t\t\t\t<div class=\"mkd-call-to-action-icon\">\n\t\t\t\t\t\t\t<div class=\"mkd-call-to-action-icon-inner\">\n\t\t\t\t\t\t\t\t<i class=\"mkd-icon-simple-line-icon icon-globe \" style=\"font-size: 33px; ;color: #c18f59; \" ><\/i>\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"mkd-call-to-action-text\" >\n\t\t\t\t\t\t<h6>If you are a victim of a breach of contract or if you have been accused of breaching a contract, contact us today to schedule a time to talk about your legal concerns.<\/h6>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"mkd-button-wrapper mkd-call-to-action-column2 mkd-call-to-action-cell\" style =\"text-align: right ;\">\n\n\t\t\t\t\t\t<a href=\"http:\/\/rsconsultingdns.com\/scarritt\/contact\/\" target=\"_self\" style=\"background-color: #cf9455\" class=\"mkd-btn mkd-btn-medium mkd-btn-solid mkd-btn-icon\"  >    <span class=\"mkd-btn-text\"  >Contact Us<\/span><span class=\"mkd-btn-icon-holder\">            <span aria-hidden=\"true\" class=\"mkd-icon-font-elegant arrow_carrot-right mkd-btn-icon-elem\" ><\/span>            <span aria-hidden=\"true\" class=\"mkd-icon-font-elegant arrow_carrot-right mkd-btn-icon-elem\" ><\/span>        <\/span>    <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n\n[vc_empty_space height=&#8221;70px&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-offset-0 vc_col-lg-3 vc_col-md-offset-3 vc_col-md-6 vc_col-sm-offset-3&#8243;][vc_widget_sidebar sidebar_id=&#8221;page-sidebar&#8221;][vc_empty_space height=&#8221;70px&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row content_width=&#8221;grid&#8221; triangle_shape=&#8221;no&#8221; css=&#8221;.vc_custom_1447926565788{padding-top: 70px !important;}&#8221;][vc_column offset=&#8221;vc_col-lg-9 vc_col-md-12&#8243;][vc_row_inner css=&#8221;.vc_custom_1447926699772{padding-top: 45px !important;padding-bottom: 25px !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text] Fiduciary Relationships and Breaches Attorney\/client Principal\/agent Trustee\/beneficiary [\/vc_column_text][vc_empty_space height=&#8221;20px&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text] Fiduciary-\u00a0The professional (attorney, principal, or trustee) who must perform duties for the client &nbsp; Client\/agent\/beneficiary-\u00a0puts their confidence in the fiduciary to perform their tasks to the best of their ability [\/vc_column_text][vc_empty_space height=&#8221;20px&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;25px&#8221;][vc_column_text]This fiduciary relationship must be created under law or through the means of a written contract. &nbsp; How to tell if a fiduciary has breached his\/her duties &nbsp; Did the fiduciary relationship exist at the time of the alleged dispute? &nbsp; What were the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":868,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"full-width.php","meta":{"footnotes":""},"class_list":["post-2838","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/pages\/2838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/comments?post=2838"}],"version-history":[{"count":7,"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/pages\/2838\/revisions"}],"predecessor-version":[{"id":3251,"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/pages\/2838\/revisions\/3251"}],"up":[{"embeddable":true,"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/pages\/868"}],"wp:attachment":[{"href":"http:\/\/rsconsultingdns.com\/scarritt\/wp-json\/wp\/v2\/media?parent=2838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}