Blog Digest

On March 1, 2024, in National Small Business Association, et al. v. Janet Yellen, et al (“National Small Business Association v. Yellen”), Judge Liles Burke of the United States District Court for the Northern District of Alabama issued an order declaring the CTA unconstitutional. At this time, only the plaintiffs in this case are excused from the CTA reporting requirements. All other business entities should continue to comply with the CTA.

Your business, likely your most valuable asset, deserves careful consideration within your estate plan to ensure a smooth transition of ownership and management in the event of incapacity or death.

Small businesses are often caught up in growth cycles, profits and ensuring that products arrive to consumers on time. The life of a small business owner is a hectic one with many owners failing to follow basic estate planning and business law practices.