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PB Law Blog... Trusts and Stuff
Thursday, January 2, 2025
 This week brought even more developments to the legal challenge to the Corporate Transparency Act ("CTA") and its Beneficial Ownership Information Report ("BOIR") filing obligations.As estate + business planners, we’re dedicated to helping our clients navigate complex legal requirements - read on for more information on this developing issue...
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Wednesday, December 4, 2024
 The Corporate Transparency Act (CTA) is designed to increase transparency and combat financial crimes by requiring many U.S. companies to report their beneficial ownership information ("BOI") to FinCEN. However, recent legal action has temporarily paused these requirements! Learn more in today's blog...
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Monday, November 4, 2024
 Election Day is tomorrow, Tuesday, November 5th, 2024! Questions about where/how to vote? Need help? Here are the answers! 👉👉👉 I Will VoteRead more . . .
Monday, October 7, 2024
We’re happy to announce that our founding partners, Christopher J. Phillips and Tiffany Ballenger Floyd, were both selected to the 2024 Mountain States' Super Lawyers list...
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Saturday, October 5, 2024
 Congrats on the purchase of your new digs! Whether this is your first home, or you’re moving up, downsizing, or making a change, buying a home is a significant milestone. Now that you’ve got the keys to your new home, we’re sharing some key tips to ensure things run smoothly... Read more . . .
Tuesday, October 1, 2024
 My best friend (who is a legit big deal in the world of international finance), texted me the other day: “Hey! What do I need, a Will or a Trust?”Did you know that simply having a Last Will and Testament (“Will”) likely ends up with your estate being handled by a Court? (She did not). I figured if she was in the dark, others must be pondering this question. Today, I’m sharing your four options to avoid court and ensure your estate is handled seamlessly...
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Monday, September 23, 2024
 The current estate tax exemption ($13.61 MM in 2024) is set to sunset on January 1, 2026. This week's blog, courtesy of Steve Oshins and Ultimate Estate Planner, outlines practical considerations to ensure you allow enough time to plan accordingly! Read more . . .
Monday, September 16, 2024
 How Much is a Living Trust? How Much is a Will? How Much does an Estate Plan run? We get a variations of this question – a lot... Read more . . .
Wednesday, August 7, 2024
 Do I have to file a BOI report if I'm not transacting business? The Ins + Outs of Exemption #23, the “Inactive Entity” Exemption...
The Good News: If your LLC qualifies as an “inactive entity,” you may be exempt from having the hassle of submitting a “Beneficial Ownership Information” (BOI) Report to FinCEN. The Bad News: In our experience, most dormant / unused companies don't actually qualify as "Inactive" under the CTA rules... Read on for 6 questions to figure out whether your company qualifies as "inactive" in this week's blog...Read more . . .
Thursday, July 25, 2024
 Has your small business purchased life insurance on its owners as a succession strategy? It may be time to check the company’s buy-sell agreements and plan next steps with your advisors to avoid unexpected estate taxes!
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Tuesday, January 2, 2024
 Check out this week's blog to find out what you need to know - now - about the Corporate Transparency Act ("CTA"), which is estimated to impact over 30 million - mostly small + mid-size - businesses. This new federal law likely affects you if: Are a business owner;Have beneficial ownership in a business (individually, or thru another company or trust); Have substantial control over a business
The failure to comply with the CTA is not to be taken lightly, with steep fines ($500/day + $10,000 for criminal fines), plus a possibility of two years in jail! Read on for a link to our comprehensive guide to the CTA + BOI Reporting, to see if you're impacted + what you need to do... Read more . . .
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