In a cynical era it is easy to overlook the importance of this institutionalized efficiency and breadth of fiduciary trust.

在这玩世不恭的时代，这种惯常的效率和高度信任的重大意义是容易被人忽视的。

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If the parties do not choose, the laws at the locality of the trust or of the fiduciary relation shall apply.

当事人没有选择的，适用信托财产所在地法律或者信托关系发生地法律。

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Trust is a kind of fiduciary relationship, which is the basis of the emergence and continue of the trust.

信托是一种信任关系，而信任关系是信托得以成立并延续的基础。

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The Uniform Trust Code provides some guidance when it states that any individual providing direction to a trustee is fiduciary per se. (Footnote 4) Contrast this with Alaska and Arizona, whose statutes state that a trust protector shall not be treated as a fiduciary unless the trust instrument provides for such treatment.

FORBES: Trust Protectors: Coming Out of the Woodwork

In this case, the Missouri Court of Appeals imposed a fiduciary duty on a trust protector where neither statute nor the trust instrument established a fiduciary duty.

FORBES: Trust Protectors: Coming Out of the Woodwork

This category excludes securities dealers and commodity contracts dealers, but includes other sellers of financial contracts and could include portfolio managers and those who provide trust, fiduciary and custody services.

FORBES: Where to Look for Jobs: Profitable Industries May Be a Clue