The deadline for filing Beneficial Ownership Information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN) is fast approaching. Most companies must submit their BOI reports by March 21, 2025. This requirement, part of the Corporate Transparency Act, aims to enhance transparency...
Blog
Managing the Problem Tenant as a Landlord: Why Avoiding Partial and Late Payments is Key
As a landlord, dealing with problem tenants can be challenging. One of the most common issues that arise is partial or late payments, which can disrupt cash flow and lead to legal complications. To maintain control of your property management, it's crucial to set clear expectations regarding rent...
Should I File a FINCEN BOI Report Despite Ongoing Court Challenges?
The landscape surrounding the Financial Crimes Enforcement Network (FINCEN) and its Beneficial Ownership Information (BOI) reporting requirements is in flux, particularly due to recent court cases questioning the validity of these mandates. This uncertainty leaves many individuals and businesses ...
Health Care Power of Attorney
A health care power of attorney (HCPOA) is a crucial legal tool that empowers someone you trust to make health care decisions on your behalf if you are unable to do so. While many think of HCPOA's as primarily useful for end-of-life situations, their benefits extend far beyond that. Imagine facin...
Ancillary Probate
When an individual who owns property in multiple states passes away, their estate may require additional legal proceedings beyond the primary probate process in their state of residence. This secondary legal process, called ancillary probate, is used to manage and distribute property located in a...
Warranty Deed and Quit Claim Deed
In South Dakota, a Warranty Deed and a Quit Claim Deed (some people mispronounce it as “quick claim” deed) serve distinct purposes in the conveyance of property. A Warranty Deed provides the grantee with a guarantee that the title to the property is clear and free of any encumbrances, except thos...