PB Law Blog... Trusts and Stuff

Wednesday, August 7, 2024

CTA + BOI: Does my company qualify for the "Inactive Entity" Exemption??

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...

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Thursday, July 25, 2024

Recent Supreme Court Decision Changes the Game for Small Business Succession Plans...

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

📌 PB Law's Guide to the Corporate Transparency Act - CTA + BOI Reporting

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... 

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Saturday, December 23, 2023

The 3 Types of Lawyers to Consider for Your Estate Planning... 📌⚖

There are many options out there when looking for an estate planning attorney. 
Check out our blog where we offer (3) different types of lawyers you may come across when looking for the right fit to help protect your legacy...


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Thursday, November 17, 2022

Happy Birthday, Becky!

Happy Birthday to the lovely, caring + wonderful face of our firm, Becky DeCoite! We are SO lucky to have you as a friend and team mate - have a wonderful birthday!

 


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Monday, October 10, 2022

NEW SERIES! Are your gifts causing more harm than good? When generosity backfires...

As an estate planner, I deal with lots of generous, kind folks with very big hearts (and sometimes, big wallets to match). 
That’s not always the case- sometimes clients have a more modest estate that belies their generous spirits. 
In this series, I’m offering a weekly Q&A to outlines some mistakes I've seen my generous clients make- along with my recommended course-correct plan of action!

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Wednesday, October 5, 2022

PB Law Weekly Round Up! | What to Do (Today!) to Sell Your Business "Someday"...

Even if you're nowhere close to thinking about retirement, there are things you can implement in your business right now to prepare for way down the road...


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Friday, June 24, 2022

Happy Birthday, Kat!

Happy Birthday to YOU!


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Wednesday, April 27, 2022

Happiness Is...

The Atlantic’s In Pursuit of Happiness event kicks off on May 1st, 2022, to help people build more intentional and happy lives.
Read More & Learn How to Sign Up for Free -->


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Sunday, February 28, 2021

PB Law's Guide to Navigating the COVID-19 Vaccine Process- UPDATED!

 

Links to make an appointment, plus tips + guidance on how to see if you're eligible for the COVID-19 vaccine in Nevada, and if so, how to get vaccinated!
UPDATED:  2/18/2021 with additional links, appointment sites, and other info

Read more . . .


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| Phone: 702-997-5701

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