What role does the Arizona Attorney General’s office play in fiduciary matters?

The Arizona Attorney General’s office is tasked with safeguarding the interests of vulnerable populations, particularly in fiduciary matters. This role includes the authority to intervene in cases where there may be concerns regarding the management of an individual's financial or personal affairs, especially for those who may be unable to protect their own interests due to age, disability, or other factors. By intervening, the Attorney General can help ensure that fiduciaries are acting in accordance with the law and in the best interests of those they represent, thereby providing an essential layer of protection for at-risk individuals.

In contrast, overseeing all financial transactions is more of a broader regulatory function that does not specifically fall under the Attorney General's role. Providing personal legal representation for fiduciaries is not a function of the Attorney General’s office; rather, fiduciaries must seek their own legal counsel. Similarly, managing trust distributions typically involves the fiduciaries themselves, along with possibly a court if disputes arise, rather than directly involving the Attorney General’s office. Overall, the distinct focus on intervention for vulnerable populations highlights the protective and regulatory nature of the Attorney General's involvement in fiduciary matters.