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Can Shareholders Sue Directors?

In some instances, shareholders of a company may be able to file a claim against a director who has breached his or her fiduciary duties. Shareholders can only initiate litigation if they file a claim in the company’s name and seek compensation for the company’s loss, not their own. These are referred to as derivative claims. […]

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Do Asset Protection Trusts Work In 2023?

The purpose of an asset protection trust is to ensure that your assets are distributed according to your wishes after your death. You establish an asset protection trust during your lifetime, and its assets are immediately allocated to the beneficiaries upon your death. Asset protection trusts are a type of life interest trust, although they […]

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