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October 29, 2024 | New York Law Journal

CTA Reporting: Disclosing Whether You Are a Terrorist

While the Corporate Transparency Act has been in effect since the first of the year, Jan. 1, 2025 will be the first reporting deadline for many New York building owners and boards. Failure to comply has the potential for costly penalties, so understanding if, when and how you need to report is a priority.
10 minute read
August 27, 2024 | New York Law Journal

From Beyond the Grave: Which Trust To Trust?

Complex estates—whether they're complicated because of assets or family situation—take special handling, and the estate holder may want to control who gets what and how—even after they're gone. Two types of trusts can help achieve this goal, but which should they choose, and why? Trusts & estates and tax law attorney David I. Faust, partner at Gallet Dreyer & Berkey, explains.
7 minute read
April 30, 2024 | New York Law Journal

Reconsidering the Pre-Nup

Wedding season is just around the corner, which is a good time to reconsider pre-nups. What are the origins of these agreements and why can they be so tricky for attorneys to negotiate? David I. Faust, partner at Gallet Dreyer & Berkey, explores the legal basis for pre-nups and cohabitation agreements and that, far from being cynical, they're a healthy way to build a solid foundation for a successful relationship.
9 minute read
April 04, 2024 | New Jersey Law Journal

On the Move and After Hours: Cullen Dykman; Vaughan Baio; Stark &amp Stark; Pashman Stein; Schenck Price

Judge Francis J. Orlando Jr. joins Vaughan Baio as of counsel; Pashman Stein names a new family law chair; and more moves.
7 minute read
January 26, 2024 | New York Law Journal

Trust(s) in Marriage and Divorce

Marriages may be made in heaven but, in the courts of the state of New York, marriages are treated as economic partnerships. There are three economic aspects to this partnership: equitable distribution, maintenance and child support. Trust law and matrimonial law intersect on all three.
8 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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December 08, 2023 | New York Law Journal

Revoked Relief Erroneous: ERAP Includes Cooperative Maintenance

The Emergency Rental Assistance Program was created to provide economic relief to low- and moderate-income households at risk of homelessness due to the pandemic. The program was rushed to meet the immediate threat of evictions due to the COVID shutdowns, and the hastiness of ERAP's creation has led to a wave of litigation, including a recent New York Supreme Court ruling.
6 minute read
December 07, 2023 | New York Law Journal

Crackdown on Parking Structures in New York City

The Ann Street parking garage collapse in April has lead to new regulations for New York City parking structures. This article discusses these new regulations and what landlords, building owners and boards need to know about the increased scrutiny and the tight deadlines they will need to meet.
8 minute read
November 14, 2023 | New York Law Journal

Globalization and Blurred Borders, Part Two: Taxation

Although international borders are becoming blurred where people, money and commerce move across most of the Western world with ease and dual citizenship is commonplace, there are still at least two areas where the lines on maps remain clear: taxes and succession. The more peoples' personal and business lives become globalized, the more important it is for them to be aware of tax and succession consequences. In Part One of this two-part series, author David Faust discussed succession. This article deals with taxation.
8 minute read
November 07, 2023 | New York Law Journal

Globalization and Blurred Borders, Part One: Succession

Although international borders are becoming blurred where people, money and commerce move across the world with ease and dual citizenship is commonplace, there are still at least two areas where the lines on maps remain clear: taxes and succession. The more peoples' personal and business lives become globalized, the more important it is for them to be aware of both tax and succession consequences. This article will deal with succession; a subsequent article will deal with taxes.
8 minute read
September 12, 2023 | New York Law Journal

Landlords and Mortgage Lenders Forced To Become Law Enforcers

New York City's newly enacted penalties for landlords of unlicensed cannabis, tobacco and e-cigarette businesses, has cast a wide net and includes penalties for mortgage lenders and anyone subleasing to the business. Violations include heavy fines for failure to evict and there are still many questions about how the new law will be implemented. Landlords, mortgage holders, subleasers, managing agents, etc. beware!
8 minute read

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