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Update on the Corporate Transparency Act and Recent District Court Ruling

Co-Author: John Koechel The Corporate Transparency Act (“CTA”), passed in January 2021, aims to combat money laundering, terrorist financing, and other illicit activities by requiring certain companies to disclose specific information about their beneficial owners to the Financial Crimes Enforcement Network (“FinCEN”). In response to the passage of the CTA, the National Small Business Association … Continue Reading

Why should I set up a Revocable Trust?

Our law firm frequently encounters clients who have either previously set up a revocable trust or are interested in establishing a revocable trust.   A revocable trust, otherwise known as a “living trust,” is a legal document established to hold ownership of assets during the lifetime of the person who creates it.  The party who establishes … Continue Reading

My tenant used meth. Meth Cleanup is Expensive. Is it Covered by Insurance? Part II.

What do you do when you own property that you lease out to tenants and find out that your tenant apparently used meth at the property and the property needs expensive remediation? See my previous article here. Example Case Study: Property Owner who previously rented out the property lists the home for sale. Potential Buyer … Continue Reading

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