The Terminator: The QPRT as a Wealth Transfer Strategy and CTA Updates
Welcome to The Verdict: Estate Planning Through Film. Today, I'm joined by Farella Partner Greg LeSaint and Farella Senior Paralegal Joe Hilliard to discuss the movie The Terminator.
Like the Terminator traveling back in time, Greg, Joe, and I discuss recent events concerning the Corporate Transparency Act, including where the CTA’s enforcement stands today. We also introduce and discuss the estate planning benefits of a qualified personal residence trust (QPRT).
Should you still file your BOI report? What should Sarah Connor’s mom do with her cabin in Big Bear?
We explore those questions and more, so …
“Come with me if you want to live.”
Show Notes:
Hons Yung, Podcast Host, Partner, Farella Braun + Martel
Greg LeSaint, Partner, Farella Braun + Martel
Joseph Hilliard, Senior Paralegal, Farella Braun + Martel
FinCEN’s Beneficial Ownership Information website: fincen.gov/boi
DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.
