With respect to decision-making, what is expected of a fiduciary?

A fiduciary is expected to act in the best interests of their clients and uphold a duty of care and loyalty. This often involves collaboration and communication with clients, ensuring they are involved in the decision-making process when possible. By engaging clients, fiduciaries can better understand their clients' goals, preferences, and limitations. This inclusive approach not only fosters trust but also allows for more tailored financial or legal strategies that align with the client's needs.

Involving clients in decisions promotes transparency and ensures that choices made are not only legally sound but also reflect the clients' values and objectives. This aligns with the ethical and legal obligations that fiduciaries carry, reinforcing their role as stewards of their clients' interests.