Welcome to Our Blog
Adult Child Caregivers Risk Wrath of Sibling Greed After a Parent Dies
Adult children caring for aging parents may face sibling disputes, inheritance conflicts, and accusations of financial misconduct after a parent's death. Learn how caregiver agreements, detailed financial records, clear estate plans, and legal guidance can help protect family caregivers from costly litigation, prevent misunderstandings, and preserve family assets during estate administration and inheritance disputes.
Small Business Thoughts
Small business success starts with perseverance, preparation, action, and continuous learning. Explore timeless lessons and inspirational quotes for entrepreneurs on overcoming challenges, developing essential skills, making strategic decisions, and staying focused on long-term goals. Discover how persistence, thoughtful planning, practical experience, and a commitment to improvement can help small business owners achieve lasting success.
There are many facets that can be used in Estate Planning. One of them is a Pour-Over Will
A pour-over will is an essential estate planning tool that works alongside a living trust to protect your assets and wishes. Learn how a pour-over will acts as a safety net for assets not transferred into your trust, helps prevent unintended inheritance, reduces intestate succession risks, and supports a smoother estate administration process.
10 Step Checklist for Selling Your Business
Planning to sell your business? Follow this 10-step checklist to navigate the business sale process, from preparing financial records and obtaining an accurate valuation to finding a broker, negotiating terms, reviewing letters of intent, completing buyer due diligence, and closing the transaction. Learn how proper planning can help maximize value and minimize legal risks.
Recently New York City Imposes Pied-a-Terre Tax on Nonresident Homeowners
New York City's proposed pied-à-terre tax could affect owners of high-value, non-primary residences, including properties held through trusts, LLCs, and corporations. Learn about potential tax thresholds, primary residence exemptions, implications for trusts and estates, and how nonresident homeowners can evaluate their exposure, understand possible exemptions, and protect their rights as legislation develops.
I Want my Money Back: A Primer on Recovering Inadvertent Overpayments
Recovering accidental employee overpayments requires careful attention to state wage deduction laws. Learn how New York employers can address payroll errors, comply with notice requirements, follow restrictions on deductions, and handle employee disputes. Explore practical strategies for recovering inadvertent overpayments, including direct deposit reversals, while minimizing legal risks and maintaining compliance with employment laws.
IRS: Beware of Fake Charities; Check Before Donating
Protect yourself from fake charity scams before making a donation. Learn how to use the IRS Tax-Exempt Organization Search (TEOS) tool to verify legitimate charities, confirm eligibility for tax-deductible contributions, and review tax-exempt status. Follow key IRS tips to avoid pressure tactics, suspicious payment requests, and fraudulent organizations when giving to charity.
10 Step Checklist for Selling Your Business
Selling your business requires careful preparation, valuation, negotiation, and due diligence. Follow this 10-step checklist for selling a business, from deciding when to sell and finding the right broker to reviewing the LOI, preparing for buyer due diligence, negotiating the purchase agreement, and completing a successful closing and ownership transfer.
Advantages of a Revocable Trust
A revocable trust can provide greater flexibility, privacy, and control over your estate. Learn how a lifetime trust may help avoid court involvement, simplify administration of assets across multiple states, control distributions to beneficiaries, and provide a smooth transition for managing finances during incapacity. Discover whether a revocable trust fits your estate planning goals.
Small Business Thoughts
Small business success requires perseverance, preparation, action, continuous learning, and skill development. These timeless business lessons offer practical inspiration for entrepreneurs navigating challenges and pursuing growth. Learn how persistence, thoughtful strategy, hands-on experience, preparation for setbacks, and sharpening your skills can help you make stronger decisions and build a more resilient business.
1031 Exchanges
A 1031 exchange can allow real estate investors to defer capital gains taxes when exchanging qualifying investment or business property. Learn the key IRC §1031 requirements, including like-kind property rules, 45-day identification and 180-day exchange deadlines, safe harbor restrictions, qualified intermediaries, and special requirements for reverse exchanges involving an Exchange Accommodation Titleholder.
Employer Liability for Harassment by Non-Employees
Can an employer be liable when an employee is harassed by a customer, vendor, or other non-employee? The legal standard may vary by jurisdiction, but employers should take complaints seriously. Learn how non-employee harassment can create workplace liability and why employers should promptly investigate complaints and take appropriate steps to protect employees.
