Estate Planning with Qualified Opportunity Zones
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”...
Probate: What is it? Why to Avoid it and How
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...
UPDATE: Remote Execution of Estate Planning Documents During the Novel Coronavirus Pandemic
This article is an update to Daniel R. Bernard's April 10, 2020 article entitled, “Remote Execution of Estate Planning Documents During the Novel Coronavirus...
SECURE ACT – SETTING EVERY COMMUNITY UP FOR RETIREMENT ENHANCEMENT
2019 ended with President Trump signing a spending bill funding the federal government through Fiscal Year 2020. Included with the spending bill is the Setting...
No Need to Fear a Federal Claw Back
By Daniel R. Bernard, Esq. In December 2017 President Donald J. Trump signed into law the Tax Cuts and Jobs Act (the “TCJA”). Among other provisions, the TCJA...
What is QPRT?
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...
New York 2020 Employment Updates
A series of new laws in New York are set to impact employers and workers across the state in 2020. New York Labor Law §203-e On November 8, 2019 Governor Andrew...
Dying Without A Will: Where Will My Things Go?
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...
Prenuptial Agreements and Estate Planning
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...
Supreme Court, Suffolk County Unveils New ADR Part For Civil Cases
The Supreme Court, State of New York has adopted new Alternative Dispute Resolution (“ADR”) Rules for civil cases, forming a new ADR Part with the express goals of...
Construction Law: Are “Pay if Paid” and “Pay when Paid” Provisions Enforceable in New York?
General contractors often provide their subcontractors with a standard form contract providing little opportunity for the subcontractor to negotiate a change of...
North Carolina v. Kaestner: The Recent US Supreme Court Case on State Fiduciary Income Tax
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...