(866) 303-9595 | (845) 764-9656
Se Habla Español 
   Facebooktwittergoogle_pluslinkedinyoutube    
Open/Close Menu World Class Attorneys, Hudson Valley Roots

Update on Department of Labor’s Fiduciary Rule The United States Department of Labor (“DOL”) has proposed a new rule that would expand the definition of “investment advice fiduciary” under the Employee Retirement Income Security Act 1974 (ERISA).  This legislation, which was scheduled to be phased in April 10, 2017, will automatically elevate all financial professionals…

Facebooktwittergoogle_pluslinkedinmail

Exiting Unfavorable Contracts We work with someone that designs, manufactures and distributes certain goods internationally. Under prior management, they entered into an unfavorable contract granting to a particular company exclusive distribution rights in a very lucrative foreign territory. There was no minimum sales requirement. The contract also stated that it could be terminated only upon the…

Facebooktwittergoogle_pluslinkedinmail

Planning for Business Succession and Exit Congratulations on successfully building and growing your business. The odds were against you surviving more than 5 years[1], but you beat the odds. Have your thoughts now turned to retirement? Or cashing out? Planning for business succession and exit successfully will require as much planning as growing it. Business…

Facebooktwittergoogle_pluslinkedinmail

New Minimum Wages Come to New York Now that we have entered 2017, there are six different hourly new minimum wages in effect in New York State. The one applicable to you, as an employer or an employee, depends on the location and size of the employer. As defined by this chart from the New…

Facebooktwittergoogle_pluslinkedinmail

Nothing Stays the Same A historical safe harbor has been doing business using a corporate or limited liability entity.  Officers and employees were protected against claims for their actions as long as they were acting within the scope of their authority in the performance of activities on behalf of the company.  Another safe harbor was…

Facebooktwittergoogle_pluslinkedinmail

ZOOM IS TOO FAST The glossy advertisements and promotion for using Legal Zoom evidence that going too fast isn’t the best choice. Going the cheapest is also dangerous. Establishing an entity for a new business is much more than filing forms. There are many important decisions that should be part of any business entity formation….

Facebooktwittergoogle_pluslinkedinmail

Now Is Your Last Chance To See If You Are Overpaying Your Property Taxes in 2016-2017 Challenging your tax assessment is a process. There are deadlines, research, necessary documentation and forms, rules, and property history that need to be considered. Don’t be scared away from considering this because it may appear complicated. We can simplify…

Facebooktwittergoogle_pluslinkedinmail

New Family Paid Leave Law New York State has adopted a new Family Leave Law that is funded by payroll deduction from employees’ salaries and is mandatory regardless of the size of the employer.  One supporting rationale has been that the United States is the only industrialized country in the world without paid family leave….

Facebooktwittergoogle_pluslinkedinmail

Is what you just fell over trivial? Take a quiz. You are walking along a sidewalk or on a set of stairs. Next thing you know you are lying on the ground looking around to find out what it was that caused you to fall. Surely there must have been something there! Upon careful inspection…

Facebooktwittergoogle_pluslinkedinmail

The DOL Fiduciary Rule – From the Opposition’s Point of View The proposed United States Department of Labor (“DOL”) fiduciary rule has earned itself many enemies. A coalition against the rule was formed in October 2015 and is pushing hard to stop the rule from being enacted.  The U.S. Chamber of Commerce and Primerica are…

Facebooktwittergoogle_pluslinkedinmail
Credit Cards   

©2015 Jacobowitz and Gubits. All rights reserved.

Jacobowitz and Gubits Counselors at Law