A parent’s health starts to slip. One sibling wants to move them into assisted living. Another insists they’re fine at home. A third, living across the country, calls twice a year and disagrees with everything the local sibling is doing. Meanwhile, bills go unpaid, a doctor is waiting for a consent signature, and nobody has […]

Most families don’t go looking for guardianship in New York. They get pushed into it. A parent starts missing bill payments. A bank account gets drained by a stranger. A hospital calls because their patient can’t consent to surgery and there’s no health care proxy on file. Somewhere in that scramble, families land on Article

Credit shelter trusts are frequently described as outdated. I disagree. In states that rely entirely on federal portability under Internal Revenue Code §2010(c), the urgency around bypass structures has softened. New York is different. Under N.Y. Tax Law Article 26, the state estate tax operates independently of the federal system, and New York does not

What are the Unique Contract Risks and Liabilities in a PLLC? When acquiring a professional practice—whether it’s a law firm, medical practice, or accounting firm—you’re not just buying assets; you’re acquiring client relationships and regulatory compliance burdens. The PLLC structure itself offers a shield, limiting the owners’ personal liability for the debts or contractual breaches

How Can I Structure My Business to Safeguard Personal Assets? Protecting what you own is a top priority for any business owner. The right business structure offers a crucial shield for your personal assets. A sole proprietorship, while simple, offers no separation between you and your business. If the business incurs debt or faces a

How Do I Begin the Conversion From Sole Proprietorship to LLC? Shifting your business structure from a sole proprietorship to a Limited Liability Company (LLC) in the bustling city of New York demands a multi-step approach. Choosing a Name and Filing Articles of Organization First, pinpoint a distinctive name for your LLC, adhering to New

You likely had a few goals when starting your small business. Making money was at the top of that list, of course, and you might also have been motivated by the idea of doing good for a certain community or group. Financial success while making a positive impact on the world is a hard combination

Letting someone go is never easy, even when it’s clearly the right decision for your business. However, firing an employee doesn’t just affect the workplace dynamic or productivity. If it’s not handled carefully and within legal boundaries, it can turn into a full-blown lawsuit that costs your company time, money, and reputation. Wrongful termination claims

Compliance Essentials for New York Small Business Employers Running a small business in New York comes with unique legal responsibilities, especially regarding employment compliance. From hiring your first employee to handling payroll and ensuring proper workplace conduct, small business owners must navigate a broad range of federal and state employment laws. Overlooking even minor compliance