Legal Update

Beneficial Ownership Reporting Requirements Under the Corporate Transparency Act By: Nick Nester Increased reporting obligations are on the horizon as Congress attempts to crack down on money laundering and other illicit activity. These requirements are part of the newly enacted Corporate Continue Reading

Increased reporting obligations are on the horizon as Congress attempts to crack down on money laundering and other illicit activity. These requirements are part of the newly enacted Corporate Transparency Act (CTA). They will impact many entities, including LLCs formed for investment purposes or to Continue Reading

The Promise to Address Comprehensive Toxics (PACT) Act expanded the benefits offered to veterans exposed to toxic substances in Iraq and Afghanistan. For post-9/11 combat veterans, the PACT Act extends the period of time they have to enroll in Veterans Affairs (VA) health care to 10 years Continue Reading

Navigating Veteran Disabilities Under the PACT Act By: Colter Parker The Promise to Address Comprehensive Toxics (PACT) Act expanded the benefits offered to veterans exposed to toxic substances in Iraq and Afghanistan. For post-9/11 combat veterans, the PACT Act extends the period of time they Continue Reading

New Guidance for Inherited IRAs By: Shelton Chambers Historically, if one inherited an IRA, he or she was able to stretch the distributions over the beneficiary's lifetime. However, under the SECURE Act, passed in 2019, those stretch out rules were changed for most individuals inheriting Continue Reading

Millennials — When Raising Young Children and Caring for Aging Parents Collide By: Isiah Robinson Currently, there is no lack of opinion regarding the millennial generation. As a millennial, it is not hard to understand why. However, despite the potential dividing views on this particular Continue Reading

2022 Embrace Aging Forum Recap Chambliss Law hosted the 2022 Embrace Aging Forum on Tuesday, June 28 at The Westin Chattanooga. We cannot thank everyone enough for helping make this event a huge success. This year’s event featured: Book signing with keynote speaker and New York Times Best Continue Reading

Tickets for the 2022 Embrace Aging Forum are now on sale! Tuesday, June 28, 2022 9 a.m. - 2 p.m. The Westin Chattanooga 801 Pine Street Chattanooga, TN 37402 We hope you can join us at this year's event, featuring keynote speaker Tembi Locke. Registration includes complimentary valet Continue Reading

On February 23, 2022, a federal court in Texas struck down portions of the Surprise Billing Act (the Act) regulations pertaining to the payment rate arbitration process in response to a challenge by the Texas Medical Association and a Texas physician. The plaintiffs viewed the rate arbitration Continue Reading

Join Us on March 1 for an Estate Planning Webinar! The Embrace Aging Forum is back in 2022! We are gearing up for the best Embrace Aging Forum yet! We will back in person this summer. Be on the lookout for more details along with registration information. In advance of the forum, we are Continue Reading