You don’t need to be a tax lawyer or accountant to appreciate the government’s heightened efforts to crack down on tax fraud and money laundering. Trust and estate beneficiaries need to be aware that those efforts may now impact them as well. Norris McLaughlin attorney Naya Pearlman recently wrote a blog post discussing the impact of new FinCEN rules on beneficiaries. You can read the blog post here.
If you have any questions, please contact her at firstname.lastname@example.org.