What are the Fiduciary Duties Owed By Personal Representatives In Iowa?
In Iowa, personal representatives in probate cases are administrators (if there is no will) and executors (if there is a will). Personal representatives have fiduciary duties to act impartially for the benefit of creditors and beneficiaries. Under Iowa Code, claims of creditors receive priority over distributions to beneficiaries. Read the full article here: https://www.oflaherty-law.com/learn-about-law/fiduciary-duties-owed-by-personal-representatives
O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a case or would like to speak to one of our attorneys after watching a #LearnAboutLaw video, give us a call at (630) 324–6666 or send us an email at email@example.com to get in contact with someone from our team.
Subscribe to our channel for daily videos dedicated to all things law and leave a comment with any questions about this topic.
Find us online for more legal content and to stay connected with our team
- Website: https://www.oflaherty-law.com/
- LinkedIn: https://www.linkedin.com/company/oflahertylaw
- Instagram: https://www.instagram.com/oflahertylaw
- Facebook: https://www.facebook.com/oflahertylawGroup/
This video covers Iowa probate matters including: The fiduciary duties of an estate’s representative, The prohibition on self-dealing, The Duty of Care, Significant transactions, and Prudent investing Removal of Personal representative .
**None of the content in this series is intended as paid legal advice.