Description

In episode 31 of The Real Talk, Raquel Ramirez interviews Lawrence Lambert, a seasoned business attorney, to discuss the implications of the Corporate Transparency Act on small businesses. Lawrence shares valuable insights on the Act, its requirements, and the importance of legal protection for businesses.

Tune in to gain valuable knowledge about the legal aspects of entrepreneurship and small business operations.

TIMESTAMPS

[00:02:27] Evolving Legal Career.

[00:06:08] Tired of Fighting

[00:10:58] Drafting Business Documents for Couples.

[00:15:17] Small Business Regulations.

[00:22:46] Shell Companies and Anonymity.

[00:26:21] Beneficial Ownership

[00:31:30] Reporting Beneficial Owner Information.

[00:36:29] Business Formation and Compliance.

[00:42:03] Starting a New Business.

[00:46:42] Litigation Mitigation.

[00:49:33] Setting Up Business Prenups.

In this episode, Raquel Ramirez and Lawrence Lambert shed light on the importance of adhering to the Corporate Transparency Act which is crucial for small businesses to avoid penalties and ensure transparency in ownership. 

Overall, the insights shared by Raquel and Lawrence underscore the value of seeking legal assistance when starting a business. By working with a knowledgeable attorney like Lawrence Lambert, small business owners can navigate legal complexities, stay compliant with regulations, and protect their business interests effectively.

QUOTES

• "When you talk about tired of fighting, I wouldn't say I was so much tired of fighting. That's what I what I did. I was trained to do it and I did it. What I got tired of was the failure of people to avoid fighting when they could avoid it." - Lawrence Lambert
• "The more structure your business has, the more likelihood that you'll have multiple people that have to be disclosed as beneficial owners." - Lawrence Lambert
• "And we want to make sure that everybody is doing what they need to do and falling in line and being successful." - Raquel Ramirez

SOCIAL MEDIA LINKS

Raquel Ramirez

Instagram: https://www.instagram.com/featured_properties_intl/

Facebook: https://www.facebook.com/featuredre

LinkedIn: https://www.linkedin.com/in/raquel-ramirez/

Lawrence Lambert

LinkedIn: https://www.linkedin.com/in/lbllawpa/

WEBSITES:

The Real Talk: https://www.therealtalkpodcast.net/

Featured Properties International: https://msha.ke/featuredre

Law Office of Lawrence Lambert: https://llambertlaw.com/