Question 1

When does a household need workers' compensation?

Accepted Answer

As soon as the household pays W-2 wages to staff working above state-specific hourly thresholds. New York, California, Massachusetts, and Nevada all have low thresholds — most full-time domestic staff trigger statutory coverage from the first day of employment.

Question 2

Is household EPLI really necessary?

Accepted Answer

Yes for any household with two or more staff, and increasingly for single-staff households once a wage-and-hour claim is filed. Household EPLI is one of the lowest-cost, highest-leverage coverages in the private-client stack.

Question 3

Who is the employer for tax and insurance purposes?

Accepted Answer

It depends on payroll structure. The principal individually, the household management LLC, the family office, or a trust can all be the employer of record. We coordinate with the family office accountant and trustees so the named insured matches the entity actually paying payroll.

Question 4

Does fiduciary liability cover trustees of family trusts?

Accepted Answer

Trustee liability — distinct from ERISA fiduciary liability — covers individual and corporate trustees against breach-of-duty claims by beneficiaries. Coverage limits are sized to trust corpus and beneficiary count, not to standard household exposure.

Family Office & Private Staff Liability.