Registered accounts are often set up as express trust accounts, with the bank acting as trustee and the account holder as beneficiary. In these cases, banks are subject to all the same fiduciary duties and responsibilities that apply to all trustees – meaning they cannot charge hidden fees.
Hidden Fees – A Breach of Trust
By Gillian FourniecloseAuthor: Gillian Fournie
Name: Gillian Fournie
Email: gfournie@devrieslitigation.com
Site: https://devrieslitigation.com/about/gillian-fournie/
About: Gillian is a lawyer with de VRIES LITIGATION LLP. Her practice focuses on the area of trusts and estates litigation. More of Gillian's blogs can be found at https://devrieslitigation.com/author/gfournie/See Authors Posts (71) • March 4, 2020 • 0 Comments
Email: gfournie@devrieslitigation.com
Site: https://devrieslitigation.com/about/gillian-fournie/
About: Gillian is a lawyer with de VRIES LITIGATION LLP. Her practice focuses on the area of trusts and estates litigation. More of Gillian's blogs can be found at https://devrieslitigation.com/author/gfournie/See Authors Posts (71) • March 4, 2020 • 0 Comments