The Perils of Portability

The Perils of Portability (TEdec Times, Spring 2011) The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Act) Pub. L No. 111-12, 124 Stat. 32 96 provides for “portability” of the applicable exclusion amounts between spouses....

Strategic Benefits From Outsourcing

Strategic Benefits from Outsourcing (TEdec Times, Spring 2011) Cynthia Feathers and Craig S. Brown in an article entitled “Contract Attorneys: How a Small Firm Can Reap Huge Benefits” in the February 2011 edition of the NYSBA Journal, made a significant case for...

Estate of Saul Schneider v. Victor M. Finman

Estate of Saul Schneider v. Victor M. Finman, et al To Attorneys Representing Fiduciaries – Personal Representatives, Trustees, Executors or Administrators. (TEdec Times, July 6th, 2010) The Court of Appeals of the State of New York (its highest court) has just...

Qualified Terminal Interest Property Electi

Qualified Terminal Interest Property Election Qualified Terminal Interest Property (QTIP) Election for New York State Purposes When No Federal Return is Required. (TEdec Times, Spring 2010) NYS Tax Department of Taxation and Finance has issued a new policy on...

Transforming The Legal Services Marketplace

Transforming The Legal Services Marketplace (TEdec Times, Spring 2010) Systematization is FACTOR #1 in transforming the legal services marketplace. The business model predicated on the billable hour breeds inefficiency. A Change in PROCESS is essential – i.e. focusing...