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BOI/CTA UPDATE: Reporting Requirements Reinstated…For Now
UPDATE: On February 17, 2025, the U.S. District Court for the Eastern District of Texas, in the case Smith vs. Dept. of the Treasury, issued a ruling reinstating the reporting requirements for the Corporate Transparency Act (“CTA”). For most companies, beneficial ownership information (“BOI”) must now be reported to the U.S. Treasury’s Financial Crimes and…
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What All Business Owners Can Learn From Blake Lively’s Harassment Lawsuit
The Hollywood lawsuit between Blake Lively and Justin Baldoni brings workplace sexual harassment back into the spotlight. While this case involves celebrities, sexual harassment affects workplaces of all sizes and industries. As a business owner, understanding how to prevent and address sexual harassment is crucial for protecting both your employees and your company. Recognizing Sexual…
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Estate Planning During Divorce: Lessons from Shannen Doherty’s Legacy
The July 2024 passing of beloved Gen X actress Shannen Doherty offers important lessons about estate planning during divorce. Known for her iconic roles in “Beverly Hills, 90210,” “Heathers” and “Charmed,” Doherty not only faced a courageous and public battle with breast cancer but also raced against time to finalize her divorce and protect her…
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The Unexpected Challenges of Being an Estate Executor
When someone asks you to be the executor of their estate, it might seem like a straightforward responsibility – distribute assets according to their will and handle some paperwork. However, as many executors discover, the role involves far more complexity, time, and emotional labor than expected. Understanding these challenges now can help you better prepare,…
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Smart Cost Control Strategies That Protect Your Business’s Future
Understanding how to control costs is essential for any business owner. But implementing cost-cutting measures without proper legal and financial planning can put your company at risk. While reducing expenses may feel like a straightforward path to increased profitability, hast decisions in this area can expose your business to significant legal and financial vulnerabilities. Let’s…
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The Valentine’s gift that truly matters
As Valentine’s Day approaches, you might be thinking about flowers, chocolates, or a romantic dinner. And hey, those things are all great (who doesn’t love a little chocolate?). But what if I told you there’s a way to show your love that lasts far longer than roses and holds far more meaning than any box…
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Choosing the Right Business Structure: Beyond the Basic LLC
When starting a business, one of the most critical decisions you’ll face is choosing your business structure. While many entrepreneurs automatically gravitate toward forming an LLC (Limited Liability Company), this one-size-fits-all approach might not be optimal for your specific situation. Your choice of entity will affect everything from your tax obligations and personal liability to…
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From Preparation to Recovery: When Disaster Strikes
When disaster strikes, time is your most precious resource. Whether it’s a wildfire, hurricane, or flood, being ready to act can make all the difference for you and your loved ones. Having a clear plan helps you stay calm and focused during emergencies. In this article, I will walk you through how to prepare for…
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The Dangers of DIY Legal Documents for Your Business
As a business owner, you may seek ways to save money and streamline your operations. The temptation to use DIY legal documents may seem appealing because of their low cost and convenience. After all, you can find templates online or generate them from DIY services, some even using AI, that promise to handle everything from…
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Five Essential Steps to Protect Your Loved Ones in 2025
You know that uneasy feeling when you think about what everyone you would do if (and when) something happens to you? That nagging voice reminding you that you still haven’t created a will or trust or updated the estate plan you do have? Now 2025 is here and it’s time to stop pushing those thoughts…