NEWS | April 24, 2021
John Shea is a Senior Partner with the firm practicing in the areas of commercial litigation, corporate counseling, real estate transactions and development, environmental law, construction contracts and litigation, and estate planning for high net worth individuals....NEWS | January 20, 2021
Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP has announced that Bryan Drago has been elevated to Partner. Mr. Drago’s legal practice focuses on estate planning, taxation, charitable giving and tax-exempt organizations, business succession planning, as...INSIGHTS | By: | July 22, 2020
Fans of the Showtime series “Billions” may recall seeing in episode four of season five, aptly entitled “Opportunity Zone”, the show’s protagonist, Bobby “Axe” Axelrod, do battle with season five’s new nemesis, Michael Prince, over the chance to invest in an...INSIGHTS | By: | July 15, 2020
Often times when I meet with clients one of their primary goals of implementing an estate plan is to avoid the “death tax.” I will share with you the same two pieces of good news I share with those clients. First, we do not have a “death tax” in the United States. It...INSIGHTS | By: | January 3, 2020
It is not uncommon for someone to transfer their personal residence into a trust. Many people may be familiar with the concept of transferring their personal residence to an irrevocable Medicaid type trust, in order to begin the clock ticking on the five year look...INSIGHTS | By: | October 24, 2019
The week of October 21-28, 2019 is National Estate Planning Awareness Week. The purpose of National Estate Planning Awareness Week is to educate the public about the importance of estate planning. So, in that regard, this article will address what happens when someone...COMMUNITY INVOLVEMENT | October 22, 2019
On Saturday, October 19th, John Shea, Senior Partner, and Bernadette Tuthill, an Associate with the Firm’s Trust and Estate Department, were joined by accountant Ron Farnworth, President of Kandell Farnworth & Pubins CPAs, for a panel presentation to members and...INSIGHTS | By: | October 16, 2019
A prenuptial agreement can conjure in people the thought of a wealthy person marrying a not so wealthy person, or celebrities marrying each other, or an older spouse marrying a younger spouse. Some people have a pessimistic outlook on prenuptial agreements, and see...COMMUNITY INVOLVEMENT | October 4, 2019
“The Retreat’s LPGA Pro-Am held each fall is the only tournament on Long Island that includes LPGA Pros, NFL Players, and amateurs on one field,” explains Golf Chair & Retreat Board Member Steve Latham. “The generosity of these sports figures and willingness to...NEWS | September 13, 2019
Daniel Bernard was quoted in a Wall Street Journal article in regard to people leaving states with high state and local taxes for states with low to no state and local tax states. Daniel was quoted as saying, “‘New York is very aggressive with residency audits. They...INSIGHTS | By: | August 23, 2019
The end of June is an exciting time in the United States Supreme Court, because the Court issues many of its opinions on the cases heard during that term, before recessing until the first Monday in October. This past term was especially rare, as the Court heard a...INSIGHTS | By: John F. Shea | August 6, 2019
While City landlords were infuriated by certain provisions of the recently enacted Housing Stability and Tenant Protection Act of 2019 applicable to long term urban rentals, local landlords should be aware that important aspects of the legislation apply statewide....Twomey Latham has enjoyed a steady rate of growth since it was established in 1973.
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