Schooley Law Firm, P.C.

In a game of ping pong, the Fifth Circuit Court of Appeals in Texas has lobbed another shot.   Just three days after the three-judge “motions panel” issued a “stay” of the District Court’s nationwide injunction of the need for certain “reporting companies” to file Beneficial Ownership Information Reports (“BOIRs”) with FinCEN in compliance with the Corporate Transparency Act (“CTA”), the three-judge “merits panel” vacated the stay, on December 26, 2024. https://lnkd.in/eTiG5Sdm

Happy Hanukkah from Schooley Law Firm! As we celebrate the Festival of Lights, we wish you and your family joy and peace. This season is a perfect time to reflect on the legacy you want to leave for future generations. At Schooley Law Firm, we’re here to help you with your estate planning needs. If you have any questions or want to start a conversation, don’t hesitate to reach out! Wishing you a meaningful Hanukkah!

Earlier this week the United States Court of Appeals for the Fifth Circuit rendered the prior Corporate Transparency Act injunction invalid by issuing a “stay” of the injunction. The court determined that the reasons for the injunction were insufficient to justify its continuation, allowing the provisions of the CTA to move forward as originally intended. Read the below blog to learn about the deadlines and more. #CTA #estateplanning #businessplanning #estateadministration #trustadministration #successionplanning

🎄 Merry Christmas from all of us at Schooley Law Firm! 🎄 As we celebrate this festive season, we want to take a moment to express our gratitude to our clients, colleagues, and community. Your trust and support mean the world to us. May this holiday season bring you joy, peace, and the warmth of cherished moments with loved ones. We look forward to continuing our partnership in the coming year and wish you all a prosperous New Year ahead! Happy Holidays! #MerryChristmas #HappyHolidays #Gratitude

ACTEC Fellows discuss elder financial abuse, the crime of the 21st century, and explain the issue and his office’s strategy to fight it and reclaim the money for abused seniors. #estateplanning #ACTEC #ACTECFELLOW #ElderFinancialAbuse

As the year comes to a close, many individuals reflect on their financial goals and the impact they can have on their loved ones and their communities. One effective way to express generosity and plan for the future is through end-of-year gifting. However, navigating the complexities of gifting can be daunting. Read the full blog below for some important considerations to keep in mind when planning your end-of-year gifts. #endofyear #estateplanning #taxplanning #gifting #giftplanning

📢Legal Update - Texas Court Temporarily Halts Corporate Transparency Act (CTA) Nationwide!📢 The US District Court for the Eastern District of Texas has issued a preliminary injunction against the Federal government, effectively prohibiting it from enforcing the Corporate Transparency Act against all reporting companies. As a result, the requirement to comply with the CTA is postponed...for now. For those who are unfamiliar, the CTA is a U.S. law enacted in 2021 as part of the National Defense Authorization Act. Its primary purpose is to combat illicit financial activities by increasing transparency in corporate ownership. Under the CTA, most corporations and LLCs are required to disclose their beneficial owners via the Financial Crimes Enforcement Network (FinCEN). This decision highlights ongoing debates regarding regulatory frameworks and their impacts on businesses. As we navigate this evolving legal landscape, companies must stay informed and up-to-date on compliance obligations. If you have questions about the CTA, Schooley Law Firm is here to help. #CorporateTransparencyAct #LawFirm #LLC #businesses #estateplanning

As we gather with family and friends for Thanksgiving, it's a great time to think about estate planning. Planning for the future is an important part of taking care of our loved ones, and it's never too early to start brainstorming with a knowledgeable attorney like the ones at Schooley Law Firm. Wishing everyone a happy and safe Thanksgiving! #EstatePlanning #ThanksgivingCelebration

Happy Veterans Day! 🇺🇸 Today, we honor and celebrate the brave men and women who have served our country. Your courage and dedication inspire us every day. #VeteransDay #ThankYouVeterans #SchooleyLawFirm

Today, we are pleased to share Schooley Law Firm's recognition in the fifteenth edition of Best Law Firms. This acknowledgment reflects our commitment to excellence and the hard work of our dedicated team. Best Law Firms rankings celebrate firms that have consistently demonstrated excellence in legal expertise and industry knowledge. Each firm has been rigorously evaluated based on client feedback, peer recommendations, leadership interviews, and the depth of their practice. The result is a comprehensive guide for businesses and individuals seeking top-tier legal counsel in the United States. We are grateful to our clients and colleagues for their ongoing support. Here’s to continuing to uphold the standards of quality and service that define our firm! #BestLawFirms #SchooleyLawFirm #LegalExcellence