Fiduciary Services in Connecticut

Comprehensive Fiduciary Services for Estate and Trust Management

A fiduciary acts on behalf of another person and has a duty to put that person’s interests first. Acting as a fiduciary requires being legally and ethically bound to act in another person’s best interests.

Fiduciaries manage their clients’ assets, including cash, money, property, securities, and even information. At the Law Offices Of Ericson, Scalise & Mangan, PC, we take our fiduciary responsibilities very seriously and are committed to protecting our clients’ interests. Contact our law offices today to schedule a consultation and learn how we can assist you with your fiduciary needs.

Why Should I Hire a Lawyer for Connecticut Fiduciary Services?

Clients have come to us with the worry, “Who will take care of my family and my assets after I’m gone?” In the past, people relied on their local banks’ trust departments to serve as conservators, executors, or trustees of their estates.

Today, few people have personal relationships with their banks, as they have merged into larger, out-of-state megabanks that do not offer the truly local, personal service clients desire.

Hiring a lawyer is the most effective way to ensure compliance with all state and federal laws, protect beneficiaries, and address any legal complexities or disputes that may arise.

What Types of Fiduciary services Does Your Law Firm Provide to Clients?

Our knowledgeable attorneys act in a fiduciary capacity to protect and manage your interests. Whether you run a business or are dealing with personal legal matters, our legal staff has the skills and training to assist you. We deliver a wide range of fiduciary services designed to safeguard our clients and simplify complex legal matters.

At Law Offices Of Ericson, Scalise & Mangan, PC, our services include:

• Agent under a Durable Power of Attorney
• Conservator
• Executor
• Trustee

What are the Primary Duties of a Fiduciary?

Anyone acting in a fiduciary capacity has specific duties they must fulfill. These duties include:

• Duty of Loyalty: Prioritizing beneficiaries and avoiding conflicts of interest
• Duty of Reasonable Care: Managing assets with the same care as any reasonably prudent person would do for their own affairs
• Duty to Administer: Upholding the terms of the will or trust in good faith
• Duty to Inform and Report: Keeping beneficiaries informed regarding the administration of the estate or trust, as well as providing an accurate accounting of assets
• Duty to Protect Assets: Managing and protecting all estate assets

Contact the Law Offices Of Ericson, Scalise & Mangan, PC, Today to Schedule a Consultation

As a well-established, local firm, the Law Offices Of Ericson, Scalise & Mangan, PC has been part of our community, representing generations of local families for more than 75 years. We provide the personalized service and loyalty our clients want and deserve.

For more information about our fiduciary services, contact our New Britain law office at 860-854-3809 or our Avon location at 860-854-3545.