APR 2024

A Full Service Business And Estate Planning Law Firm

About Us

Carnahan Evans PC is a full service business, dispute resolution, and estate planning law firm with a depth of 17 attorneys in the areas of corporate, estate planning, litigation, tax, real estate, and marijuana. Founded in 1979, Carnahan Evans is locally owned and operated, noted for its commitment to providing superior client service to a diverse client base, including national and regional businesses, financial institutions, not for profit organizations, and individuals.

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In This Issue

Ranked by Best Law Firms® 2024

Understanding the Corporate Transparency Act: A Summary

Deana Duncan Celebrates 35 Years

New Shareholders

Up & Coming Law Firm Leader

SBJ 40 Under 40: Alex Henson

Top 30 Mergers & Acquisitions Attorney

Selling Your Business

Choosing the Right Trustee for Your Trust

SBJ Trusted Advisors: David Olive

Greenway Best Industry Lawyer Statewide

A Guide to Succession Planning

Award Winning Representation

Best Law Firms®

Carnahan Evans PC has been recognized in the 2024 edition of Best Law Firms®, ranked by Best Lawyers®, regionally receiving a Tier 1 ranking in Trusts & Estates Law.

Firms included in the 2024 Best Law Firms® list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique credibility within the industry.

Understanding the Corporate Transparency Act: A Summary

By: David K. Olive

The Corporate Transparency Act (CTA), enacted in January 2021, mandates that certain entities, such as corporations and limited liability companies (LLCs), disclose beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury.

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Celebrating 35 Years of Dedication: Deana Duncan

Carnahan Evans proudly announces the remarkable milestone achieved by our colleague, Deana Duncan, who recently marked 35 years of invaluable service with the Firm! Deana embarked on her journey with us as a receptionist and ascended to her current role as Controller, exemplifying resilience and dedication throughout her career.

Pictured: Deana Duncan & grandchildren

Missouri Lawyers Media recognized Jay Preston as an

Up & Coming Law Firm Leader

SBJ 2024 40 Under 40: Alexandra A. Henson

Carnahan Evans proudly congratulates attorney Alexandra A. Henson on being named a Springfield Business Journal 2024 40 Under 40 Honoree. Mrs. Henson is among the honorees where the Springfield Business Journal celebrates 40 accomplished and still-rising professionals in southwest Missouri.

Top 30 Mergers & Acquisitions Attorney

Selling Your Business

By: Christiaan D. Horton

Business sales and acquisitions have been on the rise post-pandemic. There could be many systemic reasons for the upsurge, and it appears that momentum will continue into the near future. Business owners need to plan ahead if they wish to have a smooth transaction.

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Choosing the Right Trustee for Your Trust

By: Andrew T. Peebles

A trust agreement is a common tool implemented as part of a solid estate plan, ensuring the smooth transfer of assets to beneficiaries while minimizing potential complications. One of the key decisions in creating a trust is selecting the right trustee. A trustee’s primary role is to manage and distribute the trust assets according to the terms outlined in the trust document, taking care to communicate effectively with the beneficiaries and comply with the multiple duties imposed on trustees under the law. When it comes to choosing a trustee, individuals often face the decision between appointing a corporate trustee or an individual trustee. In this article, we will explore the distinctions between these two options and provide insights to help you make an informed decision.

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SBJ 2023 Trusted Advisors: David K. Olive

Carnahan Evans proudly congratulates attorney David K. Olive on being named a Springfield Business Journal 2023 Trusted Advisers – Legal Honoree. Mr. Olive is among the 20 honorees selected who help make their organizations successful.

Best Industry Lawyer Statewide

A Guide to Succession Planning

By: Andrew T. Peebles

Imagine this scenario: you’ve worked your entire life to turn what was once seen as a risky business venture into a successful, profitable company that you are immensely proud of. Your company’s name is known far and wide for providing an excellent service or a well-crafted product. You’ve grown from one employee (yourself) to one hundred loyal workers. Your bottom line continues to increase year over year. You have finally reached the point in your career that you feel comfortable retiring to enjoy the fruits of your labor. However, you realize you have absolutely no idea who should take over your company to lead it successfully into the future. What happens to your dream-turned-reality when you are no longer around to lead it?.

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