by Trust Counsel | Jan 12, 2024 | Articles, Asset Protection, Business Succession
At the core of many successful businesses lies a treasure trove of trade secrets—unique processes, formulas, or strategies that give a company a competitive edge. Whether it’s the secret sauce behind your best-selling product or the innovative approach that sets...
by Leslie Marenco | Oct 7, 2014 | Articles, Business/ Corporate Law, Estate Planning, High Net Worth
The removal of a trustee from a trust can be a difficult and time consuming process for both beneficiaries and trustees alike. Courts are generally hate to interfere with a settlor/creator’s choice of trustees. However, most states provide trust beneficiaries a...
by Leslie Marenco | Sep 17, 2014 | Articles, Asset Protection, Business/ Corporate Law
Setting up your business as a corporation or a limited liability company (LLC) is a great way to go for most entrepreneurs, since incorporating protects personal assets from business liabilities, helps lower taxes and ensures the longevity of your business. However,...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business/ Corporate Law, Case Law
We attorneys LOVE LLCs and advised many of our clients to create LLCs to protect their assets inside the LLC from lawsuits by creditors against our clients individually. Prior to 2010 it was generally understood that if an LLC member was sued by an outside creditor...