Businesses Need To Be Proactive When It Comes to Cybersecurity
As technology becomes more advanced with supply chains becoming automated, data stored remotely in the cloud, and robots working in factories, companies have to become proactive on the cybersecurity front and update their infrastructure to…
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The Need for Fiduciary Liability Insurance is Greater than Ever
A fiduciary’s liability is one of the most misunderstood areas of exposure for those involved with retirement plans. If your company is a small company, it is particularly important to consider the fact that as…
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Why Do Courts Require Surety Bonds?
Court bonds, such as appeal bonds, may be required in court proceedings to enable a party to pursue a remedy in court. Fiduciary bonds guarantee the faithful performance of court appointed fiduciaries such as executors,…
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Guidelines for Trustees
Trustees are responsible for handling assets held in trust that they themselves act as the legal owner of as a trustee. They handle tax filings for trusts and distribute assets to beneficiaries according to the…
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Owning a Lost Life Insurance Policy
When you purchase a life insurance policy, you usually don’t plan on having to use it for a long time. But you have to store it somewhere in the meantime. And it’s very easy to…
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Surety Bonds Protect Taxpayers From Public Officials
Public officials are present at every level of government. There are public officials in 1,000 resident towns just as there are in Washington, D.C. Federal, state, county, or local laws often require these public officials…
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What if I Lose a Stock Certificate?
While most stock trading is done in the virtual space, an investor has the option of choosing to receive a physical stock certificate. But what happens if you lose or somehow ruin your physical stock…
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Appeal Court: Process and Next Steps
So you’re filing an appeal after losing your case in a lower court. What happens when you get up to the appeals court? Is it any different than a standard civil trial? The appellant, the…
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What is a Financial Instrument?
The simplest definition of a financial instrument is a group of assets or capital that can be traded. They are essentially legal contracts involving monetary value of any kind. The purpose of the financial instrument…
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