Trustee/Beneficiary Fiduciary Relationship – Federal Government (Trustee) must act in the best interest of Tribes (Beneficiaries) in managing their estates

     Part and parcel to maintaining its guardian/ward fiduciary relationship with tribes comes the trustee/beneficiary fiduciary aspect of the fiduciary relationship.

Fiduciary Relationship – where one person is under a duty to act with a high degree of care (the fiduciary) for the benefit of another (the beneficiary) on matters within the scope of the relationship.

Settlor – someone who makes a settlement of property; especially one who sets up a trust.

  • Trust – a property interest held by one person (the trustee) at the request of another (the settlor) for the benefit of a third party (the beneficiary).

Trustee – someone with legal title to property that holds it in trust, with duties to convert to cash all debts and securities that are not qualified legal investments, to reinvest the cash in proper securities, to protect & preserve the trust property, and to ensure that it is employed solely for the beneficiary.

Beneficiary – someone who is designated to receive something as a result of a legal arrangement or instrument.

References:

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4 

******************************************

Back to Indian Country Law

Civil Proceedings (Torts) – Pro Se Self-Help

Criminal Proceedings Pro Se Self-Help

Intro to U.S. Law

All Types of Court Orders

Supreme Court Rulings

Federal Rules of Procedure

Like this website?

Please Support Our Fundraiser

or donate via PayPal:

Notice: Wild Willpower does not condone the actions of Maximilian Robespierre, however the above quote is excellent!

This website is being broadcast for First Amendment purposes courtesy of

Questions?  Suggestion(s) for improvement?  Want to offer financial support?  Email Distance@WildWillpower.org.  We look forward to hearing from you!

How the U.S. Judicial System is Designed to Enable The People to Fix the System when used as Designed