Boyd & Boyd PC

08/12/2026

Many of you may remember that last year I was very concerned about a reporting requirement from FinCEN - The Corporate Transparency Act. At 9:47 am this morning I received this announcement from FinCEN:

FinCEN Updates: FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for Millions of Small Business Owners; Will Delete Information Previously Reported by U.S. Persons

This is a major win for the privacy rights of US business owners!

07/23/2026

Estate planning is about preparing for the future, not just responding to today's tax laws.

A thoughtful plan can help protect your assets, adapt to changing legislation, and preserve the legacy you've worked hard to build.

Discover how proactive estate planning can help protect your family's future on our website: https://www.boydandboydpc.com/mayor-mamdanis-estate-tax-proposal-reveals-a-dangerous-idea-about-wealth/

A critical analysis of Mayor Mamdani’s estate tax proposal, highlighting concerns about its impact on wealth distribution, fairness, and economic consequences.

07/17/2026

An effective estate plan should consider more than just estate taxes.

Understanding how capital gains taxes may affect inherited assets can help families preserve more wealth and make informed decisions for future generations.

Explore how tax-smart estate planning strategies can help protect your family's legacy on our website: https://www.boydandboydpc.com/wrong-tax-step-up-in-basis-disclaimer-trust/

Many families plan for estate tax but get hit by capital gains later. Learn step-up in basis basics and why bypass trusts can lose the second step-up.

07/16/2026

An effective estate plan should consider more than just estate taxes.

Understanding how capital gains taxes may affect inherited assets can help families preserve more wealth and make informed decisions for future generations.

Explore how tax-smart estate planning strategies can help protect your family's legacy on our website: https://www.boydandboydpc.com/wrong-tax-step-up-in-basis-disclaimer-trust/

07/09/2026

Creating a Will is an important step, but making sure it is executed correctly is just as important.

Missing witness requirements or signing procedures could create complications that put your final wishes at risk.

Take steps today to ensure your estate plan is properly protected on our website: https://www.boydandboydpc.com/how-to-properly-execute-a-will-in-all-50-states/

Discover the essential rules for how to properly execute a will in all 50 states and how to avoid costly ex*****on mistakes.

07/03/2026

Medicaid Planning Trusts can be valuable tools for long-term care planning, but they are often misunderstood.

While they may help individuals qualify for future Medicaid benefits, they are generally not designed to protect assets from creditors, lawsuits, or other legal claims.

Discover the key differences between Medicaid planning and asset protection on our website: https://www.boydandboydpc.com/medicaid-planning-trusts-are-not-apts/

A Medicaid Planning Trust—often abbreviated as an “MPT”—is a very specific planning tool, designed for a very narrow purpose.

06/26/2026

Losing a loved one often comes with unexpected responsibilities and important decisions.

Having key documents such as wills, trusts, insurance policies, financial records, and account information organized can help families navigate the process with greater clarity and confidence during a difficult time.

See which documents can help simplify estate and financial matters after the loss of a loved one:

06/19/2026

Building wealth is important, but protecting it is equally critical.

The way you structure ownership of your business or investment properties can play a major role in shielding personal assets from potential legal and financial risks.

Learn how the right legal structure can help protect your assets and support your long-term financial goals:

06/12/2026

LLCs serve as a highly flexible tool in estate planning, delivering clear tax advantages. ⚖️

They play a direct role in income structuring, estate tax planning, and maximizing your overall tax efficiency.

Find out how an LLC strengthens your estate planning strategy and secures your long-term goals:

06/08/2026

On this day, June 8, 1968, the funeral of Robert F. Kennedy occurred in New York. His brother, Ted Kennedy, eulogized him. He stated, "My brother need not be idealized or enlarged in death beyond what he was in life, to be remembered simply as a good and decent man, who saw wrong and tried to right it, saw suffering and tried to heal it, saw war and tried to stop it." RFK was buried later that night at Arlington National Cemetery. Some 58 years later, we remember RFK and one of the very special quotes that impacts the way we run our firm.