When reflecting on 2015 and looking forward to the year ahead, one can easily dwell on the multitude of rules, regulations, cases and statutes imposed on professional fiduciaries. The trend of increasing compliance is an environment that professional fiduciaries have lived with for some time. Indeed, a review of the “Year in Review” articles in Trusts & Estates over the past several years demonstrates that the legal and regulatory environment never ceases to increase.
A Higher Calling
Fiduciaries have regulatory and legal responsibilities, but shouldn’t forget about the beneficiaries they’re supposed to serve