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Free Simple Will For Area First Responders  Jacobowitz and Gubits, LLP (J&G), the Hudson Valley’s premier full-service law firm, is extending a special offer to area first responders during the month of September.  In honor and remembrance of 9/11, J&G is offering a free simple will to first responders who reside in Orange, Sullivan or…

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Raising The Legal Age For Purchasing Of Tobacco Products Just before the end of the year, the Orange County Legislature introduced a local law which would raise the age of those permitted to purchase tobacco products within the County.  That law, entitled “Local Law To Raise The Legal Age For Purchase Of Tobacco Products In…

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  Kelly Pressler of Jacobowitz and Gubits Elected as Vice President of the Women’s Bar Association of the State of New York (WBASNY) The Women’s Bar Association of the State of New York (WBASNY) announced its incoming officers for 2017 at their 2017 Annual Convention held at Water’s Edge Resort and Spa in Connecticut, May…

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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…

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New York Paid Family Leave…Finally! Until recently, individuals in the workforce in the State of New York had to choose between caring for family members – such as new babies and elderly parents – and not getting paid.  But not anymore.  In April 2016, Governor Cuomo signed into law a bill that makes New York…

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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…

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What Changes Will the DOL Fiduciary Rule Bring? Although the proposed United States Department of Labor (“DOL”) fiduciary rule is not necessarily final, it soon will be, and any version of the rule is going to significantly impact the way financial advisors practice.  Here’s a snapshot of the details: Who: all advisors and brokers –…

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Major Changes Coming for Retirement Investments Brokers and other financial planners who manage retirement investments are in for a big change.  The United States Department of Labor (“DOL”) has proposed a rule targeted at forcing brokers to very clearly put the client’s interests above their own. The rule was first proposed in 2010 and has…

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