If a fiduciary (in NY it’s an “Administrator” if no Will and “Executor” if there is) has to file an Accounting, where should they start?  What should they do?

The Answer is to know what you should have been doing all along, and if you haven’t been, get caught up as much and as quickly

Basic definition – A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person.

When doing Wills or handling Estates, we are often talking about fiduciaries.  A

Sometimes I resort to unusual methods to solve a problem.

Recently I had two people in my office who were involved in a difficult estate situation. They were two of five adult children who had inheritance rights.  So, to a degree they were united in interest.  The guy was the Executor and a one fifth