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With a federal estate tax rate of 40%, estate planning conversations often start and stop with the relatively high federal exemption (currently $15 million for individuals and $30 million for married couples).

A recent decision from the New York Court of Appeals delivers an important reminder: transparency has limits—especially when it comes to personal privacy.

The initial phase of New York City Local Law 18, also known as the Short-Term Rental Registration Law, went into effect in New York City on Tuesday, September 5th, 2023

The Commercial Industrial Brokers Society of Long Island convened industry professionals for their annual State of the Market panel discussion, examining current trends across office, industrial, retail, and investment sales sectors. Moderated by Real Estate and Economic Development Partner Peter Curry, the discussion revealed emerging market dynamics and evolving property uses that are shaping Long Island's commercial real estate landscape.

On March 3, 2025, Senate Bill S584, sponsored by Sen. James Skoufis, was introduced to the NYS Senate during the 2025-26 NYS Legislative Session (the "Bill"). The Bill aims to amend paragraph (b) of subdivision.

Amidst the holidays and end-of-year scramble, New York State Governor Kathy Hochul vetoed legislation that would have required Industrial Development Agencies...

A recent US Tax Court case (WT Art P'ship LP v. Commissioner, T.C. Memo. 2025-30) illustrates how failing to comply with the technical requirements for substantiating the value of charitable contributions...

In a recent decision, the U.S. District Court for the Central District of California held that the Internal Revenue Service ("IRS") did not violate Internal Revenue Code...

Taxpayers are required to maintain records in sufficient detail to enable the preparation of an accurate tax return. Thus, in the context of an examination, the Internal Revenue Service ("IRS")...

I'm often asked by clients whether startups should have a separate stockholders' agreement among the founders.

Qualified terminable interest property (“QTIP”) trusts are a familiar estate-planning tool. Under a QTIP trust, a spouse receives the benefit of trust assets during life, with the remainder passing to children or other beneficiaries after the spouse’s death. No transfer tax is payable on the creation of the QTIP trust due to the availability of the marital deduction but the trust assets will be subject to estate tax on the spouse’s death.

As summer winds down, ComDiv practitioners no doubt will soon be gearing up for the upcoming fall and winter months.

Recent changes implemented by Secure Act 2.0 provide a powerful retirement opportunity.

As a healthcare lawyer and the current Chair of the New York State Bar Association Health Law Section...

New York City's pied-à-terre tax took effect on July 1, 2026, imposing a surcharge on certain residential properties that do not serve as a primary residence. A critical question for property owners is whether holding title through a trust or other entity can avoid this surcharge, and the answer depends on how the City applies its "look-through" approach to beneficial ownership. Understanding the primary residence exclusion requirements for trusts and business entities is essential for property owners

Not for profit organizations typically ensure that they have completed the basics when it comes to formation.

The Department of the Treasury and IRS have announced their intent to issue proposed regulations addressing significant changes to the excise tax on excess compensation paid to employees of tax-exempt organizations.