Until recently, many attorneys had never heard of FinCEN—the Financial Crimes Enforcement Network of the U.S. Treasury. FinCEN was formed soon after the 1970 Bank Secrecy Act, one of Congress’ first ...

A real estate closing is the final step where the culmination of the purchase agreement and all legal obligations occur. But when you show up at the closing (which is often at a title company, and ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. Beginning in March, many common residential real estate transfers will ...

FinCEN’s residential real estate rule will become effective on March 1, 2026, and requires certain professionals involved in real estate closing and settlements to submit reports to FinCEN regarding ...

Beginning March 1, 2026, the Rule requires the filing of Real Estate Reports for certain “reportable transfers” of “residential real property”.[9] Under the Rule, such a “reportable transfer” is a ...