Ohio law requires that the testator or settlor be of sound mind and memory to make a will or trust. Yet, there is a legal presumption of testamentary capacity on behalf the testator or settlor, and that the relevant...
March 26, 2025
Corporate Transparency Act: New Interim Final Rule Exempts U.S. Companies from Reporting
On March 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an interim final rule significantly narrowing the scope of the Corporate Transparency Act (CTA) by removing...
February 28, 2025
Corporate Transparency Act: FinCEN Announces it will not Enforce Current CTA Filing Deadlines
On February 27, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that it will not issue fines or penalties or take any other enforcement actions against any companies...
February 21, 2025
Corporate Transparency Act: Reporting Requirements Reinstated
For the last few months, business owners have experienced whiplash as enforcement of the Corporate Transparency Act (the “CTA”), the federal law requiring most entities formed or registered to do business in the...
January 29, 2025
Client Alert: Are You Prepared for an ICE Raid at Your Business?
In recent days, Northeast Ohio has seen a surge in Immigration and Customs Enforcement (ICE) activity. Reports indicate that 57 people are in custody locally, including six detained in a high-profile raid at Cilantro Taqueria