By now, most in the captive insurance industry know about the Cease and Desist Order issued last year by the elected Washington Insurance Commissioner (the “Commissioner”) to Cypress, Microsoft’s Arizona-domiciled captive.
The protection a limited liability company ("LLC") is called the "corporate veil." This article will address ways to make the veil more difficult to pierce.
A Revocable Trust is a document (the “Trust Agreement”) created by a person to manage assets during their lifetime and distribute the remaining assets after their death.