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Life Settlement
Educational Information
Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

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DEFINITION OF FIDUCIARY

A Fiduciary is a person legally bound to act for another's benefit and/or best interest. Two examples would be a trustee in relation to their beneficiary and a life settlement broker obtaining bids on behalf of a life insurance policy owner.

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