Entries by Steve

LEGALZOOM:  Recordkeeping for LLCs — What Do You Need to Save?

You may have heard that limited liability companies, or LLCs, have fewer recordkeeping requirements than corporations. But if you have formed an LLC, you might now be wondering exactly what those requirements are. Your state’s LLC laws may list certain documents and information that LLCs must keep at their headquarters. But the documents you must […]

NYSBA | The Digital Footprint After Death:  WHO WEARS THE SHOES?

Email, Facebook, LinkedIn, Twitter, Instagram, Snapchat, Tumbler, online banking, online shopping, and other forms of electronic communications, comprise our digital footprint. They are seemingly ubiquitous and omnipresent in the life of our business, social, and personal affairs. But, on death, who has the right of access to a decedent’s digital footprint? More importantly, what is […]

IRS Announces Key Estate and Gift Tax Exemptions for 2018 | Mitchell Silberberg & Knupp LLP – JDSupra

On October 19, IRS issued Revenue Procedure 2017-58, announcing inflation adjustments for 2018 for dozens of important figures across the Internal Revenue Code, including the following two key numbers regarding the estate tax, gift tax and generation-skipping transfer (GST) tax Source: IRS Announces Key Estate and Gift Tax Exemptions for 2018 | Mitchell Silberberg & […]

Buy a co-op at a discount: All about HDFCs and how to snag one

WHAT IS AN HDFC CO-OP? There are plenty of Housing Development Fund Corporation (hence the shorthand, HDFCs) buildings across the city—including rentals—but co-ops are usually what garner interest. The original, best-known types were created several decades ago when the city allowed tenants in buildings with derelict landlords to form co-operatives, take over their buildings, and buy their apartments for […]

11 Ways to Help People Who Have Dementia but Don’t Realize it | The Intentional Caregiver

Being a caregiver for someone who has a memory deficit can be extremely challenging. It becomes even more difficult when that person is unaware of their dementia or any other limitations associated with it. Dementia can directly impact a person’s ability to follow directions, can compromise their safety,  impedes problem-solving and abstract reasoning. It can […]