Estate planning is an essential step in protecting your assets and ensuring that your wishes are carried out after you pass away. It involves creating a plan for the management and distribution of your assets, both during your lifetime and after your death. Some of the legal documents that can be used in estate planning include Trusts, Health Care Surrogates, Living Will, Pre-Need Guardian and Durable Power of Attorney. By creating an estate plan, you can ensure that your assets are distributed according to your wishes, minimize taxes, and minimize the potential for disputes among your beneficiaries.
Corporate Transparency Act Blocked Nationwide
The Corporate Transparency Act (the “CTA”), enacted in 2021 to combat money laundering and other illicit activities, has been blocked, as of December 3, 2024,