The Corporate Transparency Act (CTA) introduces complex reporting requirements that can significantly impact trusts. If a trust owns equity in a reporting company, individuals named as powerholders may face substantial—and often ambiguous—reporting obligations.
In this insightful webinar, renowned experts Jonathan G. Blattmachr, Alan S. Gassman, Chriseanna Mitchell, and Martin Shenkman explore:
- FinCEN’s Beneficial Ownership Guidance and its implications for trust filings.
- Challenges and unanswered questions surrounding trusts owning entities.
- Strategies to navigate the CTA landscape ahead of the December 31, 2024 filing deadline.
This webinar is an invaluable resource for estate planning attorneys, fiduciaries, and financial professionals navigating the evolving compliance requirements of the CTA.
For further assistance or questions about how the CTA may affect your trust or reporting obligations, reach out to the team at Peak Trust Company.