Here at Mindful Counsel®, our job is to educate our clients on the important things they need to know about protecting their brands and their legacies. Enter: The Corporate Transparency Act. The Corporate Transparency Act (CTA), enacted by Congress on January 1, 2021, is a pivotal piece of legislation with profound implications for business owners […]
December 14, 2023
Does an LLC Trademark Your Business Name? In the world of business, protecting your brand is paramount. One crucial aspect of brand protection is trademarking your business name. Many entrepreneurs opt to form a Limited Liability Company (LLC) for their businesses, but does an LLC automatically trademark your business name? Let’s explore this important question: […]
In theory, a limited liability company (LLC) can last in perpetuity. However, the owners of an LLC should plan for the day when they are no longer there to run their business. This includes not only situations like retirement or career change, but also a decidedly grimmer scenario: death. While death and taxes may be […]
January 20, 2023
Before gifting a holiday property, an individual or couple (who can gift up to $22.8 million against their lifetime estate-tax exclusion through 2025), should find out whether their children want it.
