New Disclosure Requirements Are Coming for Company Ownership If you have a corporation or limited liability company, or plan to open a new one, you must be aware of new federal regulations that impose reporting requirements beginning in 2024. These regulations will require disclosure of the beneficial owners of the entity, that is, those individuals…
August 17, 2023 is National Nonprofit Day J&G Law, LLP (J&G), is excited to announce that August 17, 2023, marks National Nonprofit Day. This serves as a reminder of the remarkable contributions nonprofit organizations make to communities and the world. In celebration of this significant day, Gary M. Schuster, Esq., a partner at J&G concentrating…
Here’s Why You Don’t Want a Guardianship A power of attorney is a document where you authorize another person to conduct business transactions for you. A health care proxy is a document where you authorize another person to make medical decisions for you. If you do not have a power of attorney and health care…
PRESS RELEASE: For more information, contact: Michele Babcock, Managing Partner J&G LLP, 845-778-2121 FOR IMMEDIATE RELEASE J&G Presents Two Nonprofit 101 Live Presentations WALDEN, NY – J&G, LLP (J&G), the Hudson Valley’s premier full-service law firm, is proud to announce that Gary M. Schuster, Esq., Partner concentrating in nonprofit, business, arts, and entertainment law,…
NEW YORK CANNABIS DISPENSARY LICENSES ARE NOW AVAILABLE The Office of Cannabis Management has opened the application process for New Yorkers interested in opening a cannabis dispensary. Initially, 150 licenses will be issued throughout New York State, 17 of which are available for locations in the Mid-Hudson region. The license authorizes the license holder to…
BUSINESS OWNERS CONSIDERING SUCCESSION MIGHT WANT TO ACT SOON Successful business owners are eventually faced with the challenge of passing on their business. There are many options, in fact, it may seem that there are too many options. The business could be sold to a competitor. It could be sold to a junior employee. It…
PAPER PAPER EVERYWHERE Do you have boxes of cancelled checks from the 1970s? The receipt for a dishwasher you bought 11 years ago? Papers for a car you sold 5 years ago? Little Sally’s 4th grade report card? Wouldn’t you love to throw all that away? How much of this paper are you supposed to…
DIVERSIFYING YOUR BUSINESS The Covid pandemic has caused all sorts of disruptions to business as usual. Some businesses have thrived while others have gone under. Everyone learned how to meet by Zoom and to be more resilient. For some businesses this means diversifying the goods or services provided to customers. In many ways, bringing on…
REMOTE CORPORATE MEETINGS ARE NOW A PERMANENT PART OF NEW YORK LAW Temporary measures authorizing remote corporate meetings, introduced because of the Covid pandemic, are now permanent parts of the law in New York. On November 8, 2021, Governor Kathy Hochul signed legislation amending the Business Corporation Law (“BCL”), Not-for-Profit Corporation Law (“NPCL”), and Religious…
ATTENTION PET LOVERS Attention Pet Lovers: A recent amendment to the New York Domestic Relations Law requires that in a divorce proceeding, the best interests of a pet be considered when awarding possession of the pet to one of the divorcing parties. According to the American Veterinary Medical Association, 36.5% of American households owned a…
