Dear clients and
friends of KHD,
Out of an abundance of caution and care for our
colleagues and their families, we have decided to
work remotely. Our decision to work remotely will
allow everyone at KHD to work from the safety of
their homes while avoiding the daily two way commute.
Our primary concern is for the health and safety of
our employees and our ability to effectively service
and advise our clients during this difficult time.
We will continue to monitor guidance and rely on
recommendations from the Centers
for Disease Control and Prevention and local
health officials to inform our decisions.
On March 11, 2021, Jennie Cherry and Severiano Ortiz published Reporting Beneficial Owners of Certain US Companies: Observations Relevant to Private Client Structures. This article is the second part to our previous article,Reporting Beneficial Owners of Certain US Companies: Details of the New Corporate Transparency Act. This article considers aspects of the Act as applied to private client structures, such as the broad definition of 'beneficial owner' when applied to trusts, privacy concerns, and further compliance responsibilities that may be of interest in the context of family succession planning structures that include entities established under the law of a U.S. state. International Law Office (ILO) publication. Link to the article HERE
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