Commingling is a Term Most Often Applied to Funds or Assets When a fiduciary, a person entrusted with the management of funds other than his or her own in trust, mixes trust money with that of others, the fiduciary is commingling funds. When the fiduciary of a trust
What is the best way to hold membership interests? This question often arises when people are forming a new business. It doesn’t matter whether it is a corporation, LLC, or limited partnership, the membership interests should be held in a living trust. How you hold the interests
Creating an LLC and wondering which state to use? I usually recommend that you create an LLC in the state where you are doing business. Yes I know that you have probably heard all the sales pitches that Nevada and Delaware make. You may even believe the
Asset protection is ripe with sneaky ways to take care of assets. Hot shot attorneys will set out elaborate layered asset protection plans. One trust will own the corporation or LLC and then that company will own a second trust. Other folks will try and remain totally
