Kristie Rearick is the magazines and publications editor at The Legal Intelligencer. She handles contributed content for the newspaper. Contact her [email protected].
September 09, 2024 | New York Law Journal
Trustee Compliance With the Corporate Transparency ActUnder the Corporate Transparency Act (CTA), every "reporting company" must file a "beneficial ownership interest report" (a BOI report) by Jan. 1, 2025 (or, if formed during 2024, within 90 days of formation). In general, every domestic entity and every foreign entity registered to do business in the United States is a reporting company, unless the entity qualifies for exemption.
By Theresa J. Balducci and Mark A. Limardo
9 minute read
September 09, 2024 | New York Law Journal
The Great Wealth Transfer: Estate Planning for the Most Significant Wealth Transfer in US HistoryThis "wealth transfer wave" also comes at a time when the current historically high federal estate tax exemption is set to expire very shortly.
By Jennifer B. Cona and Dylan S. Stevens
8 minute read
September 09, 2024 | New York Law Journal
New York's Latest Legislative Session: What Passed, What Didn't, What's NextThe second year of the 2023-2024 legislative session began on Jan. 3, 2024, and ended on June 6, 2024. Here are some of the most significant developments of the 2023-2024 session.
By Sharon L. Klein
15 minute read
September 09, 2024 | New York Law Journal
In Terrorem Clauses in Wills: Formidable or Trivial?No-contest clauses can be beneficial, but also albatrosses. The existence of a clause itself cannot prevent all challenges or always result in forfeiture when a challenge is asserted.
By Carol A. Crossett
8 minute read
September 09, 2024 | New York Law Journal
Estate Planning Considerations for Israeli-Americans With Minor Children and Extended Family OverseasThough none of us is guaranteed tomorrow, the estate planning attorney can offer comfort to such Israeli-American families by explaining the options to name guardians and leave assets in trust for the care of minor children.
By Juliya Ismailov
8 minute read
September 09, 2024 | Daily Business Review
2024 Condo Rights Bill: Implications for Unit Owners and Condominium AssociationsThe major amendments to Florida's Condominium Act directly affect the responsibilities of condominium associations and the rights of condominium unit owners.
By Jeffrey Margolis and Felicia Belli
10 minute read
September 09, 2024 | Daily Business Review
Vacation Rentals: Compliance and Customer ServiceExcellent customer service paired with effective navigation of the compliance issues will generate future business, ensuring your investment is profitable in the long term.
By Chad Van Horn
5 minute read
September 09, 2024 | Daily Business Review
Considerations in Florida Commercial Real Estate Loans and MortgagesIn today's commercial real estate landscape, it is important for borrowers and lenders to understand the nuances of commercial real estate loans, particularly the role of mortgages, which are instruments used to secure these loans.
By Jorge De La Hoz
8 minute read
September 09, 2024 | Daily Business Review
Seller Disclosure Form—A Friend or an Enemy of the Seller?By providing a list of the typical issues that may come up, and that are difficult to inspect, the seller disclosure form provides guidance to well-intended sellers in what they should be disclosing to avoid risk. The form also allows buyers to evaluate whether they should purchase the property by providing them a list of potential defects.
By Giacomo Bossa and Elizabeth M. Arritola
7 minute read
September 09, 2024 | Daily Business Review
Florida's Live Local Act—An Admirable Vision Meets RealityWithout additional recourse for municipalities to help regulate development, the Live Local Act may reshape South Florida in potentially irreparable ways.
By Raul Gastesi
7 minute read
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