Succession Planning Services Include:
• Evaluation of the business to assess its profitability, financial health, business objectives and
prospective successors;
• Assessment of alternative transition structures to maximize tax and cash flow objectives for
both existing and projected leadership/ownership;
• Assistance to owners in obtaining valuation information in order to draft equitable buy/sell
and similar valid succession agreements;
• Development of estate planning documents which provide for ownership transfers;
• Identification of possible conflicts and issues when not every family member is involved in the
business, and coordination of the discussion and resolution of issues that may arise during
transition;
• Facilitation of conflict resolution procedures in relation to future management of the
business.
The federal Corporate Transparency Act (the “Act”), requiring many businesses to report beneficial ownership information about their owners and anyone with substantial control of the company, went into effect on January 1, 2024. This means that any “reporting company” in existence prior to January 1, 2024 has until January 1, 2025 to report; any reporting company that was formed on or after January 1, 2024 but before January 1, 2025 has 90 days after formation to report; and any reporting company formed on or after January 1, 2025 has 30 days after formation to report.
How to File a Beneficial Ownership Information Report (BOIR)
- Is your company exempt from reporting?
- Are you tax-exempt? If so, you do not need to file a BOIR.
- Do you have more than 20 full-time employees in the U.S., a physical office in the U.S., and gross sales or receipts over $5,000,000 from U.S. operations? If so, you do not need to file a BOIR.
- Check here for other exemptions.
- If your company is not exempt, you must file a BOIR.
- Use our BOIR checklist here to gather the information and documents that are required for the BOIR before you go to the BOIR portal.
- Go to the BOIR portal: https://boiefiling.fincen.gov/. You can file the report one of two ways:
- You can use Adobe Acrobat Reader to prepare the report in PDF format. This allows you to save and go back and make changes before filing.
- File online. The online option does not need Adobe Acrobat Reader, however, you cannot save and go back and make changes
- Enter information or click on each action tab and fill out information.
- Finalize and submit form; certify form.
- Once submitted you will get progress bar which will let you if rejected or successful.
- Once Submission Status Confirmation is displayed, select Download Transcript to download PDF copy which will serve as your receipt of submission.
There is no annual reporting requirement. Reporting companies must file an initial BOI report and updated or corrected BOI reports as needed.
Child Custody Legal Services include:
- Establishment of child custody orders (awards of primary custody, equal custody, and partial custody)
- Modifications to existing custody orders
- Parental relocations
- Grandparent visitation
- Contempt of child custody orders
Legal Services Related to Child Custody:
• Calculation of Child Support
• Income Evaluations
• Child Support Negotiation
• Modification in Child Support
• Enforcement of Child Support Orders
Equitable Distribution Legal Services:
Evaluation of issues related to benefits and assets such as:
• Deferred income benefits;
• Savings, profit sharing and overseas accounts;
• Defined benefit and defined contribution pensions;
• CEO compensation packages, including, ESOPs, cash balance accounts and others;
• 401Ks
Adoption Law Services:
• Termination of Parental Rights
• Voluntary Agreement for Continuing Contact
• Preparation of Adoption Petition
• Obtain Home Study
• Representation at Termination of Parental Rights Hearings
• Representation at Adoption Hearing