Question

Eli and marilyn ask gracie to be the administrator of their will and the guardian of their children if they pass away before their children reach the age of majority. gracie agrees. fiduciary relationships such as this one:

Answer 1

In the given scenario above, it is seen that is considered to be a fiduciary relationship. So, meaning to say, a fiduciary relationship such as the scenario that is given above needs a high degree of trust and for the people involve to be confident. It is because a fiduciary relationship is a relationship that involves trust to another people or party and it involves about assets and money which is portrayed above.