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…
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Protecting Veterans: COVID-19 Vaccines and More
It is estimated that 7 million veterans will want to receive the COVID-19 vaccination from the Department of Veterans Affairs (VA). Plans are underway! Getting Started The VA will begin COVID-19 vaccinations with frontline health…
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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…
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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…
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The Critical Importance of Employer Sponsored Retirement Plans
The pandemic has demonstrated how much people need and want to save—and the valuable role employers have in helping them do so. Protect your plan in 2021! Retirement Savings Provide Relief The disruptions of 2020…
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$28.5 Million Class Settlement in ERISA Case
The lawsuit, won on behalf of employees of Fidelity Investments is an important reminder to sponsors of retirement plans of all sizes: carefully monitor your chosen service providers. Beware: Breach of Duties As Bloomberg…
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Bound for Growth: Alcohol Retail Sales
If you have pictured running the fun and funky—or upscale—neighborhood spirits shop, ’tis the season to get licensed, bonded and underway. Up, Up and Away: That’s the Trend in Alcohol Sales Dinner and a movie,…
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Innovation Grows: Carbon-Neutral Industrial Park in Reno
Construction begins in early 2021 on a zero-carbon footprint data center in Northern Nevada, with phase one scheduled for completion in early 2022. Exciting Possibilities: Green Technology Innovation and big thinking are behind many projects…
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Prudence and Loyalty: New Regulations for Plan Fiduciaries
As anticipated, the U.S. Department of Labor (DOL) has released a final rule updating and detailing the fiduciary duties of prudence and loyalty under ERISA. Plan Sponsors: Pay Attention—Even When Voting By Proxy! The new…
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