Protecting the Vulnerable: Fiduciary Duties and Bonds Explained

Protecting the Vulnerable: Fiduciary Duties and Bonds Explained When someone cannot make sound decisions for themselves, a court can appoint a fiduciary to do so. Often, courts require fiduciary bonds to protect “the ward.” Safeguarding The Interests of Another When...

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Duty-Bound to Beneficiaries: Insights for Executors and Trustees

What happens when an estate or trust plan has been set up to continue the operations of a business beyond the owner’s death—but the business ultimately does not provide value to the beneficiaries? Prioritizing the Fiduciary Standards of Care and...

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Winning Bids: $9.2 Billion

Federal funding has been dedicated to constructing rural broadband networks. The competitive bidding process spurred ambitious project plans from a diversity of companies. Competitive Bidding: Important Work A $9.2 billion commitment by the Federal Communications Commission (FCC) is a major...

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Court Appointed Executors: Bound To Report

When a probate court appoints an executor to administer the estate of someone who has died, diligent reporting is required. Public Record Core to the probate process is accounting for a deceased person’s assets and debts and recording the fair...

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The Infrastructure Imperative

Maintenance is frightfully past due on infrastructure projects across the country. Disaster looms. Elected leaders in 2021 have this in common: the imperative to invest significantly in public works. Dig In For years, the American Society of Civil Engineers has...

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Constructions Begun: Perseverance In Boston

 A $31.1 million road construction project is underway in Boston! Delayed for decades, it will now incorporate the latest approaches to pedestrian and bike-friendly roads. Wide Sidewalks, Bike Lanes and a Roadway Revamp Too Scheduled for completion in 2023, the...

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Understanding Intestate Succession and Fiduciary Bonds

When a person dies without a will, probate courts rely on intestate succession laws to distribute the assets to heirs. Court-ordered fiduciary bonds can become important in this process. Who Gets What? If there is no will—or if the will...

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Administrators: Understanding the Required Duties and Bonds

When someone dies without a will, a probate court judge will typically appoint an administrator—and require a bond. Here’s what you need to know about the process. Probate Courts Are Busy Places The Conversation estimates that as many as 68%...

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The Contractor’s Challenge: Stop—and Go!

Though “hurry up and wait” has long been part of the mix in construction, the pandemic continues to put a whole new spin on what to work on, and when. Ambiguity and Optimism Too While managing to the difficulties of...

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Guardianship Bonds Explained

Guardianship bonds are routinely ordered by courts to protect those placed in the care of guardians.  What Is a Guardianship? A guardianship, according to LegalZoom, is: A legal proceeding to determine whether a person is legally incompetent and should have...

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