FINANCIAL CRIMES ENFORCEMENT NETWORK On Jan. 1, 2024, millions of U.S. businesses became subject to the Corporate Transparency Act (CTA), which requires domestic and foreign businesses to provide certain beneficial ownership information (BOI) within prescribed deadlines to the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN). There are 23 exemptions to the CTA's reporting requirements, however,
I had the pleasure of appearing on a radio show/podcast hosted by my good friend Mark Hairston. The subject was estate planning and probate, an important subject. I was, to say the least, flattered to have been asked to participate. Mark has a mortgage lending service company that assists individuals and commercial entities secure competitively
Hogs for the Cause is a music festival and BBQ competition that raises money for families whose children have pediatric brain cancer. Nearly 1/3 of pediatric cancer deaths are from brain cancer, and brain cancer is the deadliest pediatric cancer. Nearly 20% of children diagnosed with cancer are living in poverty, and nearly 1/3 of
Today’s blog is short. Powers of Attorney are regularly given to third parties, empowering the holder of the power (“agent”) to perform various legal acts on behalf of the grantor (“principal”). The grant can be expansive or restrictive, so it is always important to review the document creating the agency relationship, usually referred to as
You are probably pretty good at your job – whether you are an engineer, a geologist, a lawyer, a doctor, or a stockbroker. Scammers are thieves. And thieves steal for a living - and, just like you, they are pretty good at their job. Scammers go after vulnerable people, like the recently widowed, the elderly,
YEAH, YOU GOTTA PROBATE THE WILL – Yet Again! I recently received three inquiries: My father passed away in Kentucky. He left his properties, including his mineral estate rights in Texas to a trustee in trust for the benefit of his children. The will was probated in Kentucky. While not too familiar with the probated
Yesterday evening, my limited liability company (owned with family members), Hicksbaugh Ltd. LLC, received a business proposal in the mail (thank you very much). Surprisingly, the name of the company was “mis-stated” (Hicksbaugh Ltd.) and the proposal was mailed to my home address, rather than the business address of Hicksbaugh Ltd. LLC. Interestingly, also, I
Jack Wilhelm of the Wilhelm Law Firm was interviewed yesterday by KVUE TV regarding the wrongful detention of Brittney Griner. AUSTIN, Texas — The U.S. government now considers WNBA star Brittney Griner to be “wrongfully detained” by the Russian government. Since mid-February, the former Baylor basketball standout has been detained in Russia. Russian officials claimed
The Texas Constitution prohibits perpetuities: “Perpetuities and monopolies are contrary to the genius of a free government, and shall never be allowed….” Tex. Const. art. I §26. Well okay, but what exactly is a perpetuity? Simplistically stated, a perpetuity is a restriction on the power of alienation of an asset that lasts longer than a
By the way, check out our new website. We think it is pretty neat and we would like your feedback. WE’RE BACK! After a very unpleasant downturn, oil and gas companies are resuming exploration and production activities – thank heavens! So now for our annual admonishment – when you secure a title opinion, you need
