The U.S. Beneficial Owner Register Explained

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  • Опубліковано 5 вер 2024
  • Join Jimmy Sexton on Wealth Uncensored as he sits down with attorney Mike Abel to dissect the newly established U.S. Beneficial Owner Information Register, a critical component of the Corporate Transparency Act.
    In this episode, they explore the requirements of the register, detailing what information must be reported, the deadlines for submission, and who falls under the requirement to report.
    Mike Abel provides expert insights into identifying individuals with substantial control, navigating complex ownership structures, and understanding the penalties for noncompliance.
    Whether you're a business owner, legal advisor, or just keen on the nuances of U.S. corporate law, this episode offers a thorough breakdown of how the act impacts corporate transparency and compliance obligations.
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    Hi! I am Jimmy Sexton, LL.M. - Founder & CEO of Esquire Group. I founded Esquire Group with the objective of helping and inspiring wealthy families, investors, entrepreneurs, and high-level executives obtain and gain control over and protect their wealth, via strategic wealth planning.
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    -------------------------------------------------DISCLAIMER-------------------------------------------------------
    This video is prepared for educational purposes only. This video is not legal, tax or any other type of advice. Each individuals’ circumstances are different, you should seek legal and/or tax advice to address your specific situation and any questions you may have.

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