Breach of Duty

Fiduciary is the term used for representatives, advisors or directors who maintain a legal relationship with another person usually involving control over personal information or finances. In these relationships, a vulnerable party seeks counsel or guidance from someone who can provide protection or advice. Fiduciaries have a duty to act in the best interest of the individuals they are working with-- maintaining trust, reliance, confidence and discretion. A breach of duty occurs when the fiduciary commits misrepresentation, nondisclosures, fraudulent or self-interested behavior or negligence.

 

Fiduciary Duty roles may include:

 

  • Trustee/ Beneficiary Relationships
  • Executor/Heir Relationships
  • Guardian/ Ward Relationships
  • Lawyer/ Client Relationships
  • Doctor/ Patient Relationships
  • Business Partner Relationships
  • Board Members of Corporations

 

When a breach of duty is committed, significant financial damages can occur. The attorneys at The Gilliam Firm, PLLC have successfully represented clients who have been affected by a breach of fiduciary duty, helping them to recover their losses and protect their rights. If you or a loved one has faced a breach of duty in a legal or ethical relationship, you may have a claim. Please contact us for a free consultation regarding your case.

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