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News & Insights

Firm news and legal insights

Updates and commentary from our attorneys on the legal issues facing our clients.

E-2 Treaty Investor Visa Series

The E-2 Treaty Investor Visa Series

"Can I get an E-2? How much do I need to invest? Can my spouse work? How long can we stay?" This series breaks the questions investors ask most into short, single-topic answers. It pays particular attention to Taiwanese and European investors and to businesses being set up in New York.

Series overview
  1. Part 1What Is the E-2 Treaty Investor Visa?
  2. Part 2Who Can Apply for an E-2 Visa? The Treaty Nationality Requirement
  3. Part 3How Much Must You Invest for an E-2 Visa? Understanding the "Substantial Investment" Test
  4. Part 4Proving Where Your Money Came From: Source of Funds in E-2 Cases
  5. Part 5What Kind of Business Qualifies for an E-2 Visa?
  6. Part 6Two Ways to Get E-2 Status: Consular Processing vs. Change of Status

New York Prenup Series

The New York Prenup Series: Understand It Before You Sign

A prenup is not a plan for divorce. It is a way to set clear financial rules while you are on the best of terms. This series answers, in plain language and under New York law, the questions couples ask most before they marry.

Series overview
  1. Part 1Why Sign a Prenup Before Marrying in New York — and What Should It Say?
  2. Part 2Prenups for Same-Sex Couples in New York: What Needs Special Attention?
  3. Part 3Who Gets the Dog? Planning for Pets in a New York Prenup
  4. Part 4Marrying a Foreign National: Will a Prenup Affect the Green Card?
  5. Part 5How a Prenuptial Agreement Protects the Business You Already Own

New York Trust Series

The New York Trust Series: Understanding Trusts From the Ground Up

"What is a trust? Do I need one? How do I put my house in it? What do I do after it's signed?" This series breaks the questions people ask most into small, plain-language answers, based on New York law.

Series overview
  1. Part 1What Exactly Is a Trust? The Basics in Plain English
  2. Part 2Why Set Up a Trust? Nine of the Most Common Reasons
  3. Part 3What Are the Real Benefits of a Trust? Trust vs. Will vs. Doing Nothing
  4. Part 4When Should You Start Planning a Trust? Key Moments in Life
  5. Part 5What Types of Trusts Are There? A Simple Map
  6. Part 6When I Say "Trust," Which One Do I Mean?
  7. Part 7Which Assets Can Go Into a Trust? A Funding Checklist
  8. Part 8Putting Real Estate Into a Trust: Houses, Condos and Multi-Family Homes
  9. Part 9Putting a Co-op Into a Trust
  10. Part 10Putting Bank Accounts Into a Trust: Checking, Savings, CDs and Safe Deposit Boxes
  11. Part 11Putting Stocks, Funds and Brokerage Accounts Into a Trust
  12. Part 12Retirement Accounts (IRA, 401(k)) and Trusts: Never Retitle Them
  13. Part 13How Life Insurance and Annuities Work With a Trust
  14. Part 14Putting a Company, LLC or Business Into a Trust
  15. Part 15Out-of-State and Overseas Assets: How Should a Trust Handle Them?
  16. Part 16Jewelry, Collectibles, Cars, Digital Assets and Cryptocurrency: How Does a Trust Handle Them?
  17. Part 17The 15 Most Common Trust Mistakes
  18. Part 18How to Maintain a Trust: During Life, During Incapacity and After Death
  19. Part 19Can a Trust Be Changed? What Does It Take?

All articles

New York's Estate Tax Cliff: Go Slightly Over the Exemption and Lose It Entirely

Two estates $370,000 apart can face New York estate tax bills more than $735,000 apart. Families with assets between roughly $6 million and $9 million especially need to understand this rule.

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Non-U.S. Owners of U.S. Companies: The Estate Tax Trap

A nonresident foreign owner of U.S. company stock has a federal estate tax exemption of just $60,000, compared with $15 million for a U.S. citizen. It is one of the most common cross-border traps, and one of the easiest to plan for.

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Divorce and the Family Business: How a Small Company Is Valued in New York

The house has a mortgage balance and the savings have statements. The one thing no one can pin down is what the restaurant or nail salon is worth, and it is often the family's largest asset.

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Five Shareholder Agreement Clauses Business Owners Overlook

Most small business shareholder agreements come from an online template, or were never finished. These five clauses are where disputes most often reveal that something was never written, or was written in a way that means nothing.

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LLC or Corporation? Choosing the Right Entity for a New York Small Business

New York's LLC publication rule, New York City's tax system, the owners' citizenship and your exit plans can each decide the answer. Why "just form an LLC" is not always right.

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Shareholder Deadlock: When a 50/50 Partnership Breaks Down

A 50/50 split signals trust at the start and paralysis at the end. How New York treats deadlock in corporations and LLCs, and why the way a petition is framed can decide who ends up buying whom.

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Frozen Out by Your Partners? Minority Shareholder Oppression in New York

Removed from management, cut off from profits, denied access to the books. New York gives minority shareholders powerful remedies, but the wrong first move can hand control of the outcome to the other side.

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