Enacted as part of New York State’s fiscal year 2027 budget, the “pied-à-terre” tax in New York is officially known as “City Surcharge on Property That Does Not Serve as a Primary Residence.” The burden is on the property owner to establish
The sweetness of prayer is one thing, and the divine vision of prayer is another; and the second is more honorable than the first, as a mature man is more perfect than an immature child. For prayer is the seed, and the divine vision is the harvesting
While we may not expressly consider asset protection for our children, transferring an asset protection structure to your children is consistent with the objective of estate planning. This concept of transferring your asset protection structure to
The five senses (touch, taste, smell, sight, hearing) are a window for the devil to flick bad thoughts into the soul. In a negligent person, the passions of gluttony, cupidity, pride, vanity, lust, anger, despair, despondency, and others allow sly
There is a tendency for many businesses to want to settle disputes short of litigation. The cost of pursuing a lawsuit with an uncertain result is often too prohibitive for many businesses. It has been estimated that over 90% of legal disputes are
The Kwong decision may have provided taxpayers with an opportunity to claim tax refunds of interest and penalties. Meanwhile, the government has recently filed an appeal of the Kwong decision. Because of the government’s appeal, it cannot be stated
Athanasius “…from the Psalms he who wants to do so can learn the emotions and dispositions of the souls, finding in them also the therapy and correction suited for each emotion. Let us say that the entire Holy Scripture is a teacher of virtues
At its root, the Huckaby case concerns what state law should be applied to real estate owned in a trust – the law where the real estate is located or the law by which the trust is to be administered. If you are trying to implement asset protection
While the Learning Resources case provides important, but probably not the final, authority concerning tariff constitutionality, it definitely has clear implications on another issue – tariff refunds. The concept is that if persons paid moneys pursuant
The White House has at times used the phrase, “No Tax on Social Security”, in generally describing the new “senior” deduction. Such description is not correct. Social Security benefits remain taxable under current law. In addition, the eligibility
This letter highlights the 30 discourses (Greek. λόγοι) of instruction by Saint John Climacus in The Ladder of Divine Ascent; or as those in the West call it “30 Steps.” It’s important to note the ancient church fathers did not teach
Because of its asset protection and tax advantages, the limited liability company has become a popular choice for form of entity. While it is relatively easy to form a limited liability company, it is important to note that various “post-formation”