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Successor Fiduciary Law and Legal Definition. Successor fiduciary is the next person or organization appointed when a vacancy arises in a conservatorship or guardianship. The vacancy may arise due to aguardianâs death, removal, or resignation. Legal Definition list
Successor(noun) one who succeeds or follows; one who takes the place which another has left, and sustains the like part or character; -- correlative to predecessor; as, the successor of a deceased king. Origin: [OE. successour, OF. successur, successor, F. successeur, L. successor.