The One Big Beautiful Bill Act (OBBBA) became law on July 4, 2025. This legislation introduces changes that will impact estate, tax, and business planning strategies for many business owners and high-net-worth individuals and...more
7/17/2025
/ Business Ownership ,
Estate Planning ,
Estate Tax ,
Gift Tax ,
New Legislation ,
One Big Beautiful Bill Act ,
Qualified Small Business Stock ,
Small Business ,
Tax Deductions ,
Tax Planning ,
Tax Reform
In a September 2024 decision, the Massachusetts Appeals Court ruled that an estate beneficiary did not invoke the in terrorem clause under his father’s will by submitting an affidavit in support of his brother’s challenge to...more
The Corporate Transparency Act (CTA) requires entities, including corporations, limited liability companies, and limited partnerships, to file a beneficial ownership information (BOI) report with the Financial Crimes...more
Reporting requirements under the Corporate Transparency Act (CTA) will go into effect beginning January 1, 2024. Under the CTA, many business entities formed or registered in the US will be required to provide the personal...more
12/14/2023
/ Beneficial Owner ,
Beneficiaries ,
Compliance ,
Corporate Transparency Act ,
Employer Identification Number (EIN) ,
Estate Planning ,
FinCEN ,
Grantors ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Reporting Requirements ,
Trusts