Proposed Regulations Enacting the Corporate Transparency Act with Christopher Lauer and Abigail O’Connor
Proposed regulations enacting the Corporate Transparency Act: most business entities will now need to disclose identifying information about beneficial ownership to the Financial Crimes Enforcement Network within two weeks of creating a business entity. In addition to creating more paperwork, these requirements may threaten some of the privacy that trusts provide. Estate planners need to know about these filing requirements, and how to comply with them.