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Important Update Part 2: Corporate Transparency Act & Beneficial Ownership Filings

In December 2024, we wrote a blog post regarding the Corporate Transparency Act (CTA). A federal district court in Texas had issued a nationwide injunction blocking enforcement of the CTA’s reporting requirements. This injunction has now been overturned on appeal. This means that the CTA’s beneficial ownership reporting requirements are once again in effect. As […]

Important Update: Corporate Transparency Act & Beneficial Ownership Filings

In January 2024, we wrote a blog post regarding the Corporate Transparency Act (CTA) and its reporting requirements. The CTA would have required many businesses—including corporations, limited liability companies, and other entities created by state filings—to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). On December 3, 2024, the U.S. […]

Why You Need A Certified Elder Law Attorney When Planning For Long-Term Care

As we age, planning for long-term care becomes increasingly important. Many individuals and families find themselves overwhelmed by the complexities of navigating the legal, financial, and medical aspects of long-term care. This is where a certified elder law attorney can make a significant difference.

Corporate Transparency Act: New Reporting Requirements for Business Entities

On January 1, 2021, the United States Congress enacted the Corporate Transparency Act (the “Act”). The stated goal of this legislation was to “protect interstate and foreign commerce” and to “better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity.”

Why Choose a Certified Elder Law Attorney

Carol Wallace recently received re-certification as a Certified Elder Law Attorney (CELA) through the National Elder Law Foundation (NELF). Initially certified in 1996, Carol became the first attorney in Alabama to attain an elder law certification.

Introducing Keifer M. Exum

Our team at the Elder Law Firm of Clements & Wallace has grown with the new year. Get to know our newest attorney, Keifer M. Exum. What led you to this career? My interest in practicing law is something that’s been a part of my life for a long, long time.

COVID-19: Open to Help With Your Legal Matters

December 10, 2020 Although the pandemic has stopped many things, the need for legal assistance is still present. Our office is fully open and we are ready to help you navigate services like long-term care planning and asset protection, wills and trusts, and Medicaid and VA benefits. Appointments can be conducted in-person in our office, […]

COVID-19: An Update On How We Are Serving Clients

April 3, 2020 Due to the rapidly changing COVID-19 environment, we want to update you on the new policies we have in place to serve our clients: Our office team is still fully operational, however, we have changed how we are conducting business. Our office is now closed to walk-in traffic, and we have suspended […]

COVID-19: How We’re Addressing the Challenge

March 17, 2020 During these challenging times, we want to let you know that all of us at the Elder Law Firm of Clements & Wallace, P.L. are doing our part to provide a safe and healthy environment for our clients and employees. Information, as it relates to COVID-19, is changing daily. At this time, […]

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