by Robert J. Smith | Jun 19, 2010 | Articles
As I mentioned in an earlier post, co-op boards are using the internet to screen not only applicants, but their families, as well. Here is a link to NY Times article about how boards are checking Google and Facebook sites for anything that might raise a red flag about...
by Robert J. Smith | Jun 10, 2010 | Articles
With no Federal Estate Tax in 2010, heirs of wealthy decedents have pocketed huge sums of money that would otherwise be paid to the IRS at rates up to 45%. For example, George Steinbrenner’s family is estimated to have saved approximately $500 million as a...
by Robert J. Smith | Jun 9, 2010 | Articles
Co-op shareholders who are clients of mine want to sublease their apartment to some folks who I know quite well. All was going swimmingly until the cooperative Board decided to reject the sublease application without providing any reason whatsoever. As you might...
by Robert J. Smith | Jun 9, 2010 | Articles
Taxes, like life, can be like riding a roller coaster. Sometimes it’s up and sometimes it’s down. This is definitely the case when speaking about the Federal capital gains rate for individuals. In the past 20 years, this tax has been as high as 28% and is currently at...
by Robert J. Smith | May 13, 2010 | Articles
Michael Getnick, the President of the New York State Bar Association, recently wrote an article about Tort Reform in the New York Daily News. This article provides some clarity and good sense on an often misunderstood subject. Click here for article.
