The State of New York is currently holding billions of dollars of unclaimed funds for individuals, trusts, estates and businesses. Some of this money may belong to you! In fact, I have recovered over $7,500 from NYS belonging to myself and other family members. I have also assisted several clients in finding funds belonging to…
Have you or your family owned an investment property for a long time but are afraid to sell it because of the income tax consequences? If so, the time may be right to cash in, secure your profits and not pay any tax on the gain. Thanks to §1031 of the Internal Revenue Code, a…
A new law concerning New York powers of attorney becomes effective September 1, 2009. There are several major changes affecting the content and the execution of the power of attorney form: 1. AGENTS’ SIGNATURES: The form must be signed, dated and notarized, not only by the person making the appointment, but also by the agent…
The answer is usually Yes. No matter how small or simple your business is, problems can arise which can be more easily addressed if you have a Shareholder Agreement in place. Most shareholders in a company, especially at the inception of the company’s existence, believe that they share one vision with respect to the interaction…
