On December 23, 2024, the Court of Appeals for the Fifth Circuit stayed the nationwide injunction enjoining the U.S. government from enforcing the Corporate Transparency Act (the “CTA”) and the corresponding reporting...more
1/2/2025
/ Appeals ,
Beneficial Owner ,
Business Entities ,
Compliance ,
Corporate Transparency Act ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Injunctions ,
Preliminary Injunctions ,
Reporting Requirements ,
Stays ,
Time Extensions
Many co-owners of closely held businesses will employ life insurance as a tool for funding the transfer of ownership in the business upon the death or retirement of an owner. In these cases, planning involves the use of...more
7/3/2024
/ Business Succession ,
Business Valuations ,
Buy-Sell Agreements ,
Closely Held Businesses ,
Connelly v United States ,
Corporate Governance ,
Deceased ,
Estate Planning ,
Estate Tax ,
Insurance Industry ,
Joint Ownership ,
Life Insurance ,
SCOTUS ,
Share Transfer ,
Shareholders ,
Stockholder Agreements