Posts by Sara Dahlen
Estate Planning for Young Adult Children: What Every Parent Should Know
As your child transitions from high school to adulthood, it can feel like a whirlwind of milestones. They’re applying to colleges, finding their first jobs, and taking on more responsibilities. But amidst all these changes, one important consideration often gets overlooked—estate planning. While it may seem like something only older individuals or those with significant…
Read MoreEnforcement of Corporate Transparency Act (CTA) is SUSPENDED
Big news for small businesses: the U.S. Treasury is indefinitely suspending enforcement of the Corporate Transparency Act (the “CTA”). That means, for now, these businesses do not have to report their beneficial ownership information (“BOI”) to the federal government. FinCEN, the agency handling BOI reporting, has also confirmed it will not be issuing fines or…
Read MoreDo You Need a Will or a Trust? Key Considerations for Ohio Residents
When it comes to estate planning, two of the most common tools are a will (i.e., last will and testament) and a trust. Understanding the differences between the two—and determining which is right for you—can be crucial for ensuring your wishes are honored and your loved ones are protected. Here’s a brief look at whether…
Read MoreImportant Update: Federal Court Halts Enforcement of Corporate Transparency Act Filing Requirements
On December 3, 2024, a major legal development occurred regarding the Corporate Transparency Act (CTA) that affects businesses across Ohio and the U.S. In the case Texas Top Cop Shop, Inc. et al. v. Garland, a federal district court in Texas issued a preliminary injunction that temporarily halts the enforcement of the CTA’s requirement for…
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