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Articles by Marya Robben
Corporate Transparency Act Update: Federal District Court Rules CTA Unconstitutional | JD Supra
Although existing entities covered by the Corporate Transparency Act (“CTA”) should still plan to comply with the beneficial ownership reporting (“BOI”) requirements, a new federal district court ruling offers hope that the requirements may change. On March 1, 2024, the Federal District Court in the Northeastern Division of Alabama ruled last Friday that the CTA is unconstitutional in National Small Business United, d/b/a the National Small Business Assoc. v. Yellen.
Breaking: New Corporate Transparency Act Requires Disclosures From Many Businesses | JD Supra
As of January 1, 2024, the federal Corporate Transparency Act ("CTA") will require action to be taken by many business entities—even certain single member LLCs. Owners, officers, directors and even trust beneficiaries and trust fiduciaries for businesses held in trusts may need to comply. The following is a very brief summary of the information you need to know. Who: The law requires "reporting companies" to file CTA reports.
Handle Your Estate Plan Like Royalty | JD Supra
The services following the death of Her Majesty Queen Elizabeth II might have many of us thinking about our own estate planning. One striking piece of information about Her Majesty was that she had planned out many details of her funeral years prior to her death. While we are not royalty, we can help our families by having a well-designed estate plan. Privacy Little is known by the public about the Queen’s Will or bequests.
Minnesota Court of Appeals Confirms Immunity from Financial Liability for Guardians | JD Supra
The Minnesota Court of Appeals ruled that, under Minnesota law, guardians are immune from liability for negligently performing their duty to provide care for a person subject to guardianship. The opinion continues the strong protections from liability in place for those who serve as court-appointed guardians in Minnesota. The Opinion In Zika v. Elder Care of Minnesota, (Minn. Ct. App. Aug.
Estate Planning 2022 Federal Tax Update | JD Supra
As we start the new year, this Federal Tax Update highlights estate planning-related federal tax information that may be helpful as you consider planning options for 2022. Because Congress could pass legislation that changes this information during the year, you should contact your estate planning attorney for advice prior to taking any transfer tax planning action.
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