Abstract
This presentation discussed a lawyer’s fiduciary and other ethical duties in the context of estate planning and wealth management. A lawyer’s fiduciary duty includes the duty of loyalty. As part of the duty of loyalty, a lawyer is required to put the client’s interest above the lawyer’s interest in the matter and provide representation free from conflicts of interest. There also are strict limits on lawyers entering into business transactions with clients. The presentation also discussed a lawyer’s obligation to provide accurate and competent legal advice as well as a lawyer’s duty to protect client confidences. Also, the presentation discussed the rule that a lawyer may not charge an unreasonable fee. Finally, the presentation considered limits on a lawyer’s liability and duties to beneficiaries and third parties.