The New Year Brings Changes in Estate Planning
By Libby Banks, The Law Office of Libby Banks, PLLC A new year is upon us and with it changes in the law. Here are a few changes you may need to know about. The Corporate Transparency Act Requiring Business Entities (including LLCs to File the Beneficial Ownership Information Report: The CTA required most LLCs and other small business entities to register and report beneficial owners by the end of 2024. In December, however, the U.S. District Court for the Eastern District of Texas granted a nationwide injunction and stayed compliance, stating that businesses need not register until further order of the...
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