Fiduciary Deed for use by Executors, Trustees, Trustors, Administrators and other Fiduciaries - Hawaii: Fill out & sign online

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Is an executor of an estate considered a fiduciary?

A Fiduciary Deed, also known as a trustees deed or personal representatives deed, is a legal document used to convey real property from one party (the grantor) to another (the grantee). A fiduciary is a person or entity entrusted with the responsibility to manage and act in the best interests of another party.

Why is a deed needed?

A deed is a written document which is executed with the necessary formality (that is, more than a simple signature), and by which an interest, right or property passes or is confirmed, or an obligation binding on some person is created or confirmed. Deeds are generally enforceable despite any lack of consideration.

What is a fiduciary deed used for?

A fiduciary deed is used to transfer property when the executor is acting in his official capacity. A fiduciary deed warrants that the fiduciary is acting in the scope of his appointed authority but it does not guarantee title of the property.

What is a fiduciary in simple terms?

In general terms, a fiduciary is a person who owes a duty of care and trust to another and must act primarily for the benefit of the other in a particular activity.

What is the strongest form of deed?

A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title.