Glossary of Legal Terms & Definitions
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- Felony A felony is a serious criminal offense punishable by imprisonment for more than one year or by death.
- Fiduciary A person or company that has contractually agreed, or a court has appointed, to manage the money or property of another. For example, a trustee or an executor of an estate.
- Fiduciary Duty A legal obligation that requires a party to act in the best interest of another party. For example, a trustee has a fiduciary duty to the beneficiaries of a trust.
- Filing Fee The predetermined fee courts require for filing various documents with the court.





