Health Care Risk Management: The Importance of Documentation
If you are a health care provider, one of the most important things you do is document. You document a patient’s history, complaints, findings on exam, and diagnoses. You keep a record of a patient’s current medications and allergies. You record the time spent with a patient and the directions or instructions given to the […]
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NLRB Sets Forth New Rule Regarding Employee Use of Company Email During Non-Working Time
In an important 3-2 decision on December 11, 2014, the National Labor Relations Board (NLRB) held in Purple Communications that, except in very limited circumstances, Section 7 of the National Labor Relations Act (NLRA) requires employers to open their corporate email systems to union organizing by employees and to discussions among employees about the terms […]
For The Collectors Among Us
You may face an important gap in insurance coverage if you maintain a collection of items such as fine art, sports memorabilia, jewelry, guns, furs, antiques, stamps, coins, wine, dolls/toys, action figures or auto/movie memorabilia and rely on your homeowner’s policy to insure your collection. Without additional coverage, your collection will likely be lumped in […]
New York State Legislation: Updates to the Wage Theft Prevention Act
The amendments to the 2011 Wage Theft Prevention Act (“WTPA”) were signed into law on December 29, 2014. This legislation contains items that we think are important for the business community.
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License and Registration Please – And Proof of Insurance Too
“License and registration please” – every motor vehicle operator dreads hearing those words, typically spoken by a police officer following a traffic stop. But just having your license and the vehicle registration available is not enough. You must also be able to produce proof of financial security – insurance – to a police officer.
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Don’t Trash That Evidence!
If you are a home or business owner and someone is injured on your property, your gut reaction is probably to fix or remove the dangerous condition that caused the accident as soon as possible. An uneven brick paver or pothole that causes someone to trip and fall; a bottle of cleaning solution with a […]
It’s That Time of Year Again
What’s on your list of New Year’s resolutions? No doubt a resolution to create or review your estate plan is not at the top of your list. But estate planning is as important as resolutions to lose weight, spend time with family or be more frugal.
GRATs are GRReat
A Grantor Retained Annuity Trust (“GRAT”) should be considered by wealthy individuals as part of a tax efficient gifting pro¬gram designed to minimize gift and estate taxes. With a GRAT, a Grantor transfers property to an irrevocable trust. That trust makes annual payments of a specified amount back to the Grantor (hence the “Grantor Retained […]
Advice for New Drivers
Two weeks ago my 16 year old son passed his road test and now enjoys what he calls “true freedom.” Here is a summary of the conversation I had with him before his first “solo flight.” DO NOT SPEED! New drivers in New York State are on probation for six months. If you are convicted […]
Vacation Home Owners – The Tale of Two Estates
While over 19 million Americans call New York State home, countless other non-residents own second homes in the state. Similarly, over 19 million Americans call Florida home but many non-resident retirees and snowbirds own vacation homes in the state to enjoy the warmer climate in the winter months. The Problem Whether you own a second […]
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