In a December 3, 2024, decision in the case of Texas Top Cop Shop, Inc. et al. v. Garland, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the federal government's enforcement of the Corporate Transparency Act (CTA). The Court found that the CTA is "likely unconstitutional," and therefore unenforceable. Consequently, the Court issued a broad order that the CTA beneficial ownership reporting requirement is enjoined and the compliance deadline of January 1, 2025, is stayed. This trial court order has the effect that entities that are deemed "reporting companies" under the CTA do not currently have an obligation to report their beneficial ownership. It is important to note that the preliminary injunction is subject to change. READ THE FULL ARTICLE BY CLICKING BELOW.

Tarlow Breed Hart & Rodgers, P.C. has announced that five of the firm's attorneys have been recognized as 2024 "Top Lawyers" by Boston Magazine. The publication acknowledged 1,122 of the region's Top Lawyers in their December issue. The Tarlow Breed Hart & Rodgers attorneys recognized as "Top Lawyers" are: Richard Breed, III was recognized in the Trusts and Estate Law category; Dara Lynn Freytag was recognized in the Trusts and Estate Law category; Mark Furman was recognized in the Commercial Litigation category; Karen McKenna was recognized in the Trusts and Estate Law category; Melissa Sydney was recognized in the Trusts and Estate Law category. This is the fourth year that Boston Magazine has recognized the region's most respected attorneys. To compile the list of the 1,122 top lawyers, Boston Magazine invited attorneys in the area to nominate up to three of their peers in a select number of specialties. The top vote-getters in each specialty were then reviewed by an advisory board of select lawyers, chosen for their credentials and the high number of votes they received.

Over several decades of estate planning, I've seen firsthand the unique challenges that collectors face when planning the disposition of their prized possessions. Whether you've amassed a collection of fine art, rare antiques or other valuable items, proper estate planning is crucial to ensure your legacy is preserved and your wishes are carried out. Here are some key considerations and strategies for collectors engaged in planning their estates.