Although the Corporate Transparency Act’s Beneficial Ownership Information reports no longer apply to domestic entities due to their exemption, another FinCEN requirement is moving full steam ahead, and estate planning attorneys should not overlook it. Starting December 1, 2025, professionals involved in real estate closings and settlements will be required to submit reports to FinCEN for certain non-financed transfers of residential property to legal entities or trusts. Continue reading to learn more.
Attorney Daniel A. DeBruyckere has been practicing law in New Hampshire and Massachusetts since 1998, and has helped hundreds of clients with their estate planning and elder care issues. He is very well respected in the area of estate planning, probate, trust administration, elder law issues, and business planning Read More!
Latest posts by Daniel DeBruyckere (see all)
- What You Should Know About Trustee Compensation in New Hampshire - September 29, 2026
- What You Need to Know about Gift and Estate Taxes in Massachusetts - September 17, 2026
- Commonly Asked Estate Planning Consultation Questions - September 15, 2026
