Custodial Care

  

Categories: Trusts and Estates

No, it’s not when the janitor can tell by the large number of Twinkie wrappers in your trash that you need a hug.

It’s about taking care of people who have become physically or mentally incapacitated.

Think: nursing homes. Custodial care consists of the non-medical help you might get when you're finally old enough to revert back to the diaper stage. It's assisted eating, assisted bathing, and assisted finding what channel is showing reruns of NCIS.

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fiduciary refers to the responsible person, who has oversight, above a given

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financial transaction, or process. That is, it is the fiduciary obligation, of the

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head of a corporation's Audit Committee, to be certain that the

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accounting process is handled fairly, objectively, inclusively and thoroughly [boss overseeing worker]

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and there are a few other ly's in there, but well you get the gist. Doesn't it

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seem strange, that some companies just seem to get into the same kind of

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trouble again and again. Remember the BP oil spill, well it wasn't the first time

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they'd had, an accident. You know, if you can call that spill only an accident.

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corporate culture that's run by the notion, that well, whatever isn't caught

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as a crime, is legal. Lots of Wall Street stock brokerages came and went this

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does the obligation start and stop? Should fiduciaries be held to a higher

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personal standard than normal people? Yah, kind of the, you know, Harvey

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