Evening in its primary meaning is the period of the day between afternoon and night. Though the term is subjective, evening is typically understood to begin a few hours before sunset, when temperatures begin to fall, and lasts until just after nightfall, when complete darkness has been reached.
Breach of Fiduciary Duty Law and Legal Definition. A fiduciary duty is an obligation to act in the best interest of another party. For instance, a corporation's board member has a fiduciary duty to the shareholders, a trustee has a fiduciary duty to the trust's beneficiaries, and an attorney has a fiduciary duty to a client.
Fiduciary fees are claimed as ordinary income. A fiduciary is a person in a position of trust in the management of money. Often, fiduciary fees are charged by the executor or trustee of an estate. These roles may be filled by a family friend or relative. At other times, particularly with larger estates, the fiduciary roles are filled by an institution -- a trust company or the trust department of a bank.