[WSBAPT] Fiduciary accounting standard

Marcus Fry mfry at lyon-law.com
Fri Mar 16 14:47:16 PDT 2018


I am not aware of (and cannot find) a Washington case that adopts a standard for a fiduciary accounting.  Is there one?  There are number of cases concerning duty to account and where the burden lies if a transaction is challenged, but is there WA case law that adopts a standard? For example, with expenditures the fiduciary must identify each and every expenditure and provide a reason for it.  If no WA case law, anyone successfully utilize case law from another jurisdiction?  If so, which one?

Thank you,

Marcus J. Fry
Lyon, Weigand & Gustafson, P.S.

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