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Citizenship of Fiduciaries

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Citizenship of Fiduciaries General Rule: Domicile of Fiduciary Not Domicile of Grantor Beneficiaries General Exception Where fiduciary has no real duties – PowerPoint PPT presentation

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Title: Citizenship of Fiduciaries


1
Citizenship of Fiduciaries
  • General Rule
  • Domicile of Fiduciary
  • Not Domicile of
  • Grantor
  • Beneficiaries
  • General Exception
  • Where fiduciary has no real duties

2
Citizenship of Fiduciaries
  • Examples Exceptions
  • Decedents Estate
  • Domicile of decedent
  • Next Friends / GALs
  • Domicile of infant, ward, etc.
  • Class Action Reps
  • Domicile of Rep
  • Not class members
  • Compare amt in controversy

3
Ben (MA) dies. I (MO) am appointed executor.
Emily (MA) becomes incompetent. I (MO) am
appointed her guardian.
4
Ben (MA) Emily (MA) bring a class action on
behalf of themselves and all persons who were
students in MA universities from 1961
1965.(These students are citizens of ever state
in the US.)
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