Category: Blog
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FinCEN Exempts Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons
Consistent with its announcement of February 27, 2025, and the Department of the Treasury’s announcement of March 2, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule […]
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Understanding Gun Trusts: Legal Insights and Estate Planning Strategies
Gun trusts represent a unique and specialized area of estate planning, catering specifically to the ownership, transfer, and inheritance of firearms under U.S. law. With the intricate interplay of state […]
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Navigating Trust Provisions: Recent Insights from Fiduciaries
InterActive Legal kicked off its 2025 Speaker Series with an enlightening webinar featuring a panel of seasoned trust officers who considered a variety of trust provisions from their unique perspectives. […]
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More CTA News from FinCEN
FinCEN’s latest announcement on beneficial ownership information (“BOI”) reporting under the Corporate Transparency Act was issued yesterday – February 27th. In the notice, FinCEN stated that it will not be enforcing […]
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CTA is Back On (Redux)
Yesterday, in Smith v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Texas), the U.S. District Court for the Eastern District of Texas stayed its order dated January 7, 2025, which […]
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Per Stirpes: The Two Word Estate Plan that Never Fails
Legal Language as Software Code: In Defense of Per Stirpes The call for “plain English” in estate planning is louder than ever. Clients want documents they can read and understand—something […]
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Journey to the Third Question: Navigating Planning for those with an Alzheimer’s or Dementia Diagnosis
The estate planning and elder law fields need specific planning options geared at not just the legal documents but the aging and health care network that exists. Gone are the days when people seek out a “general practitioner.” Today, clients demand specialized providers and best-in-class care, with elder law being no different. As attorneys in…
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Third-Party Pooled Special Needs Trust Topics to Discuss with Your Client
This article outlines third-party special needs trust topics to discuss with your client; such as Disability, Reviewing the Joinder Agreement, Funding the Sub-Account, and more.
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Expanding Your Practice: The Vital Role of Elder Law and Medicaid Planning
As an estate planning attorney, your primary goal is to help clients’ wishes be fulfilled should they lose capacity and then preserve their legacy after they pass away. However, an essential, yet often overlooked, aspect of this protection is planning for their long-term care while they’re still alive. According to the U.S. Department of Health…
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Beware of a Spousal Rights Trap That “May Be” in a Revocable Trust
For years, I have been counselling clients as to who should have a revocable trust without ever thinking of a serious trap for the unwary. But as can happen, even after many decades of practice, you encounter clients whose circumstances make you rethink what you thought you knew and re-evaluate the sufficiency of your checklists.…
