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News & Insights

Updates and achievements regarding the firm and our partners, as well as observations and analysis on the laws and legislation affecting our community.

European Union’s New Privacy Laws Set to Take Effect

Any U.S. based business that sells products or provides services via the internet, no matter how large or small, is technically a global business. Although having a global reach is normally a good thing, it can also come with serious responsibilities. For instance, if...

Estate Planning Outside of the Federal Estate Tax

For a large majority of Americans, the recent doubling of the federal estate tax exemption from $5 million to $10 million, adjusted for inflation annually, in the Tax Cuts and Jobs Act, will have no effect on their estate. It is important, however, to remember there...

New Laws To Require Remote ID of Drone Operators

Private use of small Unmanned Aerial Vehicles (“UAVs” or “drones") for recreational and commercial use has been sky-rocketing.  This trending surge of UAV traffic has caused civil regulators at the federal, state and local levels to begin enacting various rules and...

What Are Your Rights as a Trust Beneficiary?

What Are Your Rights as a Trust Beneficiary?

Trust Beneficiaries are Entitled to Yearly Trust Reports and Other Information Trust reports should be mailed out annually to the beneficiaries and should indicate the Trust’s income and expenses, including commissions paid. If, upon request, the trustee fails to...

New York Bans Firearms Insurance Program

New York State has recently fined Lockton Companies $7,000,000 for advertising and selling the NRA-branded firearm insurance program known as “Carry Guard” to state residents. The NRA program, which provides comprehensive personal firearms liability coverage for legal...

New Legislation for the Town and Village of Southampton

New Legislation for the Town and Village of Southampton

As of December 31, 2022 the Town of Southampton will discontinue its partial real property tax exemption program which is now available to eligible first-time home buyers of newly constructed or substantially altered and renovated homes. Town Code Section 298-36...

Collecting Unpaid Commissions – The Law Can Help You

One of the occupational hazards faced by brokers is the fight to recover a commission after a transaction has been successfully completed. When a seller or landlord fails to pay the broker's fee, the New York Real Property Law and, under some circumstances, the Lien...

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