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
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
Single member LLCs corporate shield protection has been called into question by a few state courts and laws. LLCs or Limited Liability Companies are unique, because they are designed to give the owner a “corporate shield” that protects them from liabilities of the company. This shield is
Business structure should be the fundamental consideration for asset protection and ease of administration when starting a business. Unfortunately many people miss this point when they start their business because it is not their primary interest “at the moment.” They don’t understand or care about the essential
