The saga of the New York LLC Transparency Act keeps changing. As the Governor recently signed a new law changing several key provisions of the Act, this article will serve to supplement our article from April 11, 2024, notating relevant changes. For those of you following, this is my fifth...
The new federal Corporate Transparency Act (CTA) has been in effect for the past few months. A three-part series which was previously published on this website reviewed the many provisions of this law. In short, the CTA was enacted in order to combat fraud, money laundering, tax evasion, organized crime...
When most people hear about a Will contest, they think about angry family members who are upset with the content of their parent’s Will, which potentially resulted in an unequal division of the estate. In such situations, potential issues typically include situations such that one person receives a larger share,...
When you are a creative person, your creations are called “intellectual property.” In order to protect one’s creations, whether literary works, music or art, most people diligently safeguard their intellectual property rights via copyrights, trademarks, patents, etc. Yet, many people do not think to consider what happens to these rights...
Over the past few months, RPJ Counsel Jeffrey Blankstein has published a three-part series discussing the Corporate Transparency Act (CTA) in depth. This Act is designed to prevent crime and corruption by and within US corporations through increased transparency and data collection by the Federal government. The CTA is taking...
by Jeffrey Blankstein This is the final post regarding the Corporate Transparency Act (CTA), which takes effect on January 1, 2024. This piece is preceded by two other articles summarized and linked here. The first post described why the Act was passed, which entities will be affected, who must file...
by Jeffrey Blankstein On January 1, 2024 (in approximately five months), the Corporate Transparency Act (CTA) [1] takes effect. In my previous article [2], I reviewed why the Act was passed, which entities were affected by the Act, who must file, who is exempt from filing, and when the filings...
Two and half years ago, Congress passed a law that would not take effect for three years. Many people did not pay attention to this law, since it did not affect anyone at the time, even though the law would affect nearly all business entities in the country. The law...
A growing concern in the real estate industry is known as “deed theft.” This occurs when a person loses ownership of their home by fraudulent means. This can happen in two different ways. One way occurs when a criminal records a forged deed transferring ownership to an LLC, which is...
New York recently passed a new statute that gives more rights to the heirs of entertainers and other famous people. The “right of publicity” refers to an individual’s right to control the commercial use of their name, image and likeness. Before the new statute was passed, upon their death, these...