Advocacy Library
Our blog offers timely industry news, legal analysis, and updates on emerging issues across a wide range of asset protection topics.
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What is the downside of holding companies?
The holding company may find management to be a challenge. It can be time-consuming and difficult to oversee different entities under the holding company’s control.
Can someone sue a holding company?
While holding companies are often structured to shield assets from liability related to their subsidiaries, they can be held liable under certain circumstances, such as fraud, undercapitalization of a subsidiary, or if the holding company exerts excessive control over the subsidiary's operations, effectively blurring the lines between the two entities.
What is holding company law?
Holding company law governs entities that primarily exist to own stock in other companies, rather than operating its own businesses.
Do I Need a Holding Company?
A holding company might be a good idea if you own multiple businesses, manage significant assets, or plan to invest across various industries. It can offer liability protection, privacy, and tax advantages.
Guide for Personal Representatives
The personal representative stands in the shoes of the individual and has the ability to act for the individual and exercise the individual's rights.
Duties of a Personal Representative/Executor
The personal representative (Executor or Administrator) is responsible for overseeing the probate of the estate.
What are the 4 types of power of attorney?
There are 4 main types of powers of attorney: limited, general, durable, and springing.
Is a personal representative the same as a POA?
A Power of Attorney can be appointed and only has authority while you are alive. A Personal Representative can only be appointed and have authority after someone’s passing.
Personal Representative: Advantages and Disadvantages of the Role
Being a Personal Representative (also known as an executor) involves both advantages and disadvantages. It's a significant role with responsibilities like managing the deceased's estate and distributing assets according to their will.
What does a Trust administrator do?
The duties of a trust administrator include record-keeping, filing taxes, and managing communications.
Understanding Trust Administration: A Step-by-Step Guide
The Law Office of Stevaughn J. Bush, Esq. breaks down trust administration into a comprehensive guide to give you a deeper look at how a trustee oversees and manages a trust.
Trust Administration: Reducing Issues & Family Conflict
Anticipating possible trust management issues can help protect your legacy and avoid conflict with the beneficiaries of a trust.
What is Trust Administration?
Trust administration is the process of managing and distributing assets held within a trust according to the instructions outlined in the trust document. It involves various tasks, including managing investments, paying taxes, and making distributions to beneficiaries.
Maryland Trust Administration Attorney
A Maryland trust lawyer may assist with trust administration by advising a trustee of his or her fiduciary obligations, preparing an inventory of trust assets.
DC Trust Administration Attorney
A District of Columbia trust lawyer may assist with trust administration by advising a trustee of his or her fiduciary obligations, preparing an inventory of trust assets.
What do Contract attorneys do?
A contract lawyer’s role extends beyond securing advantageous terms for their clients; they also aim to negotiate terms acceptable to all parties involved.
What kind of lawyers sue contractors?
You need a construction litigation attorney or a contract lawyer to sue a contractor
What is a construction lawyer?
A construction lawyer is a qualified practitioner who oversees all legal and contractual elements of construction project.
Maryland Construction Contract Dispute Lawyer
The Law Office of Stevaughn J. Bush, Esq. handles various kinds of construction disputes, including those arising from new construction, old construction, fraud, and insurance problems.
DC Construction Contract Dispute Lawyer
The Law Office of Stevaughn J. Bush, Esq. handles various kinds of construction disputes, including those arising from new construction, old construction, fraud, and insurance problems.