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Authored By: Timothy BergPaul CliffStephen GoodDavid McCarvilleZaki RobbinsChris WaltherDoug YoumansJeff Zucker As we expect you are aware, the Corporate Transparency Act (CTA) required that certain “reporting companies” organized before January 1, 2024, have to file Beneficial Ownership Information Reports (BOIRs) by January 1, 2025, and that …

We are all conditioned to click “agree” to terms and conditions when we get a new app, update our cell phone operating system, or purchase a product or service online. But most of us do not take the time to read what we have agreed to. And many do not fully appreciate that such terms and conditions are binding contracts—even if the user did n…

The Corporate Transparency Act (CTA) went into effect in the United States on January 1, 2024, mandating that all reporting companies submit details about the company’s beneficial owners and decision-makers. The CTA aims to increase transparency and help combat financial crimes by identifying who controls and owns companies. Businesses must meet …

With the holiday season and the new year approaching, it’s an ideal time to reflect on your estate planning strategies, especially regarding probate, trust administration, and the development of comprehensive estate plans. Whether you’re considering a basic revocable living trust or a more complex irrevocable structure, preparing a trust can pr…

On January 1, 2026 federal gift and estate tax exemptions are due to revert to 2017 levels of approximately $7 million for individuals and $14 million for couples. The current exemptions are $13.61 million for individuals and $27.22 million for couples so these pending changes may subject more estates to federal gift and estate tax.  Further, …