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Form 56 online LA: What You Should Know
The purpose of Form 56 is to provide guidance on the issues and rules concerning the formation and application of a Fiduciary relationship. The form provides guidance on issues such as the nature and extent of the relationship with a qualified fiduciary, the manner in which compensation will be paid to and underwrite the interests of a qualified fiduciary, whether compensation should be required from or disbursed to a qualified fiduciary's employer and what form of compensation should be paid to a qualified fiduciary's employer.
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