On January 1, 2024, the Corporate Transparency Act (CTA) began requiring corporations, limited liability companies and otherentities to file reports with the Financial Crimes Enforcement Network (FinCEN) division of the U.S Treasury Department.
Up until now, a domestic partner was treated essentially as a legal stranger in an intestate estate (one without a Will) and had only a limited exemption from inheritance taxes in the State of Maryland.
As homebuilders in Maryland may already know, there has been a requirement in the State that homebuilders provide an option to purchasers of single family detached houses and town houses to add EV charging stations to new homes. Since 2021, builders were required to include a disclosure regarding this option in sales contracts.
Starting a business can be overwhelming. We know. We’ve seen it countless times over the years. If you’re like most entrepreneurs, you likely have innumerable questions churning through your mind, especially if you’ve never started a business before. You don’t have to try to answer those questions alone (in fact, you shouldn’t try to answer those questions alone). A knowledgeable attorney can help you through the process and support you in forming a business with a solid foundation for growth, protection, and unrivaled opportunities.
If you’re a business owner in the United States, you’re likely familiar with Form I-9, the Employment Eligibility Verification form. It’s essential to the hiring process, ensuring all your employees, both citizens and non-citizens, are authorized to work in the U.S.
Creating a power of attorney can give you peace of mind by empowering someone you trust to manage your affairs on your behalf in certain situations. McMillan Metro Faerber’s DMV area. attorneys have helped many of our clients create individualized powers of attorney that meet their unique needs.
A buy-sell agreement outlines what happens to ownership interests in a business when one of its owners passes away and ensures the remaining owners have a clear plan in place to buy out the deceased owner’s share of the business.
Having the right person manage a trust is critical to its success, and there may come a time when removing a trustee is necessary. Though it can be intimidating, understanding how to properly and legally remove a trustee can help make the process go more smoothly.