What relationships rise to the level of a fiduciary relationship?
Courts in Texas recognize that a fiduciary relationship exists in certain formal relationships as follows: (1) the attorney-client relationship; (2) trustee; (3) executor; (4) agent-principal; (5) partnerships. Texas courts also recognize that a fiduciary relationship can exist informally between members of a family or where a relationship of confidence and trust has developed between two people in which one party has become accustomed to being guided by the judgment or advice of the second party and there exists a long association in a business relationship, as well as personal friendship. Do delegates, vestry members, and/or The Episcopal Diocese of Fort Worth have a fiduciary relationship with TEC? The answer is “no” based on our attorneys’ understanding of the law and facts. None of the delegates, vestry members, and certainly not The Episcopal Diocese of Fort Worth have an attorney-client relationship with TEC. The delegates, vestry members, and The Episcopal Diocese of Fort Worth
