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of <h1>Fiduciary relationships require acting in another's best interest with exceptional care and good faith</h1> A fiduciary relationship exists when one person has a duty to act for another's benefit, requiring exceptional care and good faith. This relationship arises when someone places trust in another who gains influence, assumes control over another, has advisory duties, or operates within traditionally recognized fiduciary roles like attorney-client or trustee-beneficiary. The fiduciary must demonstrate integrity, fidelity, and fair dealing rather than mere legal compliance. Examples include guardians, trustees, executors, and agents who must act primarily for their beneficiary's advantage while maintaining confidentiality and avoiding disclosure to third parties.
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