Residents of Kentucky Retirement Community Owe Property Tax on Leasehold Interest

You’re young, healthy, and just starting out in life—you probably feel invincible. It’s an easy trap, one that many young and even older couples fall into. But accidents, illness, and unexpected events do not check your age or your iCloud calendar—they just happen. Without basic documents such as a Last Will and Testament, Durable General […]

Under the Corporate Transparency Act (the “CTA”) as enacted and as reflected in the Reporting Rules adopted in 2022, almost every LLC, corporation, and similar business organization in the United States is subject to beneficial ownership reporting requirements. A crucial mechanism for ending those reporting requirements is the ap­plication of an exemption written for “inactive […]

Introduction Under the federal Corporate Transparency Act (the “CTA”)[2] and the related Reporting Regulations,[3] most business organizations created in the United States[4] are subject, absent the availability of one or more of twenty-three exemptions,[5] to beneficial ownership reporting obligations.[6] Now “most” is not all, so it is important to distinguish between those organizations that at least initially are subject to […]