Understanding Self Dealing and the Fiduciary Duty of Care in Legal Contexts
Self-dealing occurs when fiduciaries prioritize personal interests over their duty to beneficiaries, potentially violating legal and ethical standards. Such conduct risks undermining trust and integrity within fiduciary relationships. Understanding the boundaries of the fiduciary duty of care is essential to prevent self-dealing and uphold responsible management of entrusted assets. Understanding Self Dealing in Fiduciary Relationships … Read more