Corporate Transparency Act Update
By: Timothy P. Brynteson, Esq. The U.S. Department of Treasury’s Corporate Transparency Act (CTA) was signed into law in 2021with an effective date of January 2025. It established Beneficial Ownership Information (BOI) filing requirements that targets layered corporate structures that can enable the conduct of illicit activities, money laundering, the financing of terrorism, and other […]
What Is The Generation-Skipping Transfer Tax?
By Corey W. Moore, Esq. When planning for tax implication upon death, most client questions revolve around the Federal Estate and Gift Tax and the corresponding exemption ($13,990,000 for 2025). However, there is potentially another tax that wealthier individuals need to take into consideration when planning their estates, the Generation-Skipping Transfer (GST) Tax. The GST […]
The Challenges of Collecting a Judgment: Understanding the Process and Roadblocks
By Lee J. Morehead, Esq. Prevailing in a lawsuit and obtaining a judgment in your favor is often seen as the end of a legal battle, but it’s far from the end of the process. One of the most difficult aspects of the legal process comes after the judgment is awarded: Collection. Collecting a judgment […]
