Why a Transfer on Death Deed (TODD) May Cause you Trouble When Passing Real Estate to Your Loved Ones Upon Death
When it comes to estate planning, especially passing down real property, there are a variety of documents available to facilitate your plan. An estate planning method that been a topic of debate is the Transfer on Death Deed (TODD). A TODD, on the surface, seems simple. You name a beneficiary in your deed to receive […]
From the Courtroom to the Locker Room: A Guide for Student-Athletes in New York
The NCAA’s long-standing grip on amateurism is loosening fast. With the landmark House v. NCAA settlement and evolving state laws like those in New York, college athletes are entering a new era of rights and revenue. This blog breaks down what these changes mean for student-athletes, and most importantly, highlights student-athletes’ rights in New York. […]
Read More about From the Courtroom to the Locker Room: A Guide for Student-Athletes in New York
Legal Update: Treasury Department Suspends Enforcement of CTA for Domestic Companies
On March 2, 2025, the U.S. Department of Treasury (“Dept. of Treasury”) announced that it will not issue penalties or take enforcement actions against U.S. citizens or domestic reporting companies for failure to file or update beneficial ownership information (“BOI”) reports under the Corporate Transparency Act (“CTA”) by the March 21, 2025 deadline. The Dept. […]
Read More about Legal Update: Treasury Department Suspends Enforcement of CTA for Domestic Companies
Legal Update: CTA Injunction Remains in Effect
On January 23, 2025, the U.S. Supreme Court lifted a nationwide injunction in the case titled Texas Top Cop Shop, Inc. v. McHenry preventing enforcement of the Corporate Transparency Act (“CTA”). However, on January 7, 2025, a federal district court judge in a case titled Smith v. U.S. Department of Treasury issued a separate nationwide […]
Read More about Legal Update: CTA Injunction Remains in Effect
Do I Really Need a Lawyer to Buy a House?
Congratulations! Your offer on your dream home has been accepted! Now what? Your realtor tells you that you need to get a lawyer. “Do I really need a lawyer to buy a house?” you think to yourself. The answer is yes. Well, you can represent yourself if you want, but generally you do need to […]
What’s New in 2024 and Coming in 2025 for New York Employment Laws
As employers in New York adapt to a shifting regulatory environment, it’s crucial to stay informed about recent and upcoming changes to employment laws. Here is an overview of key legislation enacted in 2024 and what to expect in 2025. Employment Laws Enacted in 2024 Employment Laws Coming in 2025 Best Practices. Private-sector employers should […]
Read More about What’s New in 2024 and Coming in 2025 for New York Employment Laws
2024 Election: Considerations for Private-Sector Employers in New York
With the 2024 election just two weeks away, employers in New York should understand their legal obligations with respect to employees’ participation in the election and expression of political speech in the employment setting. Must Employers Provide Employees in New York with Time-Off to Vote in the Election? Yes, Depending on the Circumstances. Generally, employees […]
Read More about 2024 Election: Considerations for Private-Sector Employers in New York
Corporate Transparency Act (CTA) filing deadline is approaching
The Corporate Transparency Act (“CTA”) was enacted January 1, 2021, as part of the National Defense Authorization Act, representing the most significant reformation of the Bank Secrecy Act and related anti–money laundering rules since the U.S. Patriot Act. The CTA is intended to address and guard against money laundering, terrorism financing, and other forms of […]
Read More about Corporate Transparency Act (CTA) filing deadline is approaching
NY’s Good Cause Eviction Law, the Bad, and the Ugly
This spring New York’s Legislature continued a 5-year trend of adding layers of protection for tenants. With 2019’s elongation of special proceedings, and 2023’s affirmative claim to compel repairs, 2024’s Executive Budget ushered in the era of Good Cause Eviction. Good cause means landlords cannot have no cause. The allowed causes are listed in the […]
Read More about NY’s Good Cause Eviction Law, the Bad, and the Ugly
Corporate Transparency Act – Deadline Approaching
This is a follow up to our April post regarding the Corporate Transparency Act (CTA), the New York State equivalent statute, the New York LLC Transparency Act (NYLTA) and the new guidance issued by regulatory authorities governing these statutes. As previously noted, the landscape surrounding these statutes remain in-flux and this update is intended to […]
Read More about Corporate Transparency Act – Deadline Approaching