Description

The Corporate Transparency Act s Beneficial Ownership Information reporting rules go into effect January 1, 2024. FinCEN estimates that 32.5MIL entities will submit initial beneficial ownership information reports (BOIRs) in 2024 and almost 5MIL per year in 2025 and beyond. Do you have a clear understanding of how these rules apply to trusts holding business assets, intended owners, and minor beneficiaries? What must be done after the death of the owner? Are you ready to handle the flood of client questions and reporting tasks? Taught by leading practitioner faculty in the trusts and estates field, this legal update will provide essential guidance on satisfying CTA obligations while continuing to serve clients effectively. Come away with the knowledge you ll need to adapt your practices to the new transparency rules before the effective date. Register today!

• Clarify the details of FinCEN s final CTA regulations as they apply to trusts and estates.
• Find out when BOI reports must be amended after beneficial owners life events.
• Learn how to use the new safe harbor provisions and correction procedures for inaccurate reports.