Effective July 1, 2026, German Law in Grand Forks, ND merged with Thompson Law in Sioux Falls, SD. Going forward, both offices will be under the Thompson Law name and continue to serve their clients and communities with excellence.
Preparing for FinCEN Real Estate Reporting - Thompson Law, PLLC

Thompson Law, PLLC

Estate & Business Planning Attorneys in Sioux Falls, South Dakota

Sioux Falls

605-362-9100

Grand Forks

701-738-0060
Estate Planning Attorneys Licensed in South Dakota, North Dakota, Minnesota, Iowa, and Nebraska

Preparing for FinCEN Real Estate Reporting

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Although the Corporate Transparency Act’s Beneficial Ownership Information reports no longer apply to domestic entities due to their exemption, another FinCEN requirement is moving full steam ahead, and estate planning attorneys should not overlook it. Starting December 1, 2025, professionals involved in real estate closings and settlements will be required to submit reports to FinCEN for certain non-financed transfers of residential property to legal entities or trusts. Continue reading to learn more. 

 

Academy of Estate Planning Attorneys
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