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FinCEN Issues Final Rule for Corporate Transparency

fincen corporate law

On September 29, 2022, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a rule requiring most corporations, limited liability companies, and other entities created in or registered to do business in the United States to report personal identifying information about their company owners to FinCEN. Companies in existence before January 1, 2024 will […]

Protecting Aging Loved Ones: Medicaid Asset Protection Trust Planning

medicare asset protection trust

Older Americans are one of the fastest-growing demographics in the country. Our senior population represents more than 1 in every 8 Americans, and a person turning 65 has a 70% chance of needing some type of long-term care (“LTC”) services in their remaining years, according to the Administration for Community Living. Because people are living […]

More Tax Benefits for Florida Residents

asset protection nest egg

Florida is known for being a destination for retirees to seek out warmer weather and a relaxed lifestyle. Contrary to historical trends, Florida is beginning to see a significant influx of younger individuals, families and businesses making the move due to the state’s tax benefits and remote work options. Recent changes to Florida’s uniform trust […]