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How Long Does Probate Take in New York and New Jersey?

How Long Does Probate Take in New York and New Jersey

How Long Does Probate Take in New York and New Jersey? If you’ve been wondering, “How long does probate take in New York or New Jersey?” you’re not alone. Probate is one of the most common questions families face after a loved one passes. The short answer is: it usually takes about a year. The longer […]

Rabbi Trusts for Contingency Attorneys: A Modern Tool for Wealth & Tax Planning

Rabbi Trusts for Contingency Attorneys

Rabbi Trusts for Contingency Attorneys: A Modern Tool for Wealth & Tax Planning By Barry E. Janay, Esq. Understanding Rabbi Trusts A Rabbi Trust is an irrevocable trust arrangement that enables attorneys—especially those working on contingency fees—to defer receipt of fees, allowing for tax-deferred growth and custom-tailored income distributions. Originally adopted for executives, these trusts […]

What is a Rabbi Trust, how can personal injury or other contingency type attorneys benefit from them as a wealth management / tax planning tool?

Rabbi Trusts for Contingency Attorneys

What is a Rabbi Trust, how can personal injury or other contingency type attorneys benefit from them as a wealth management / tax planning tool? A Rabbi Trust is an irrevocable, employer-established trust used to fund non-qualified deferred compensation arrangements, with assets set aside for designated beneficiaries (often highly compensated employees or, in legal practice, attorneys) but […]

What to Do in New York When a Loved One Passes With a Small Estate

What to Do in New York When a Loved One Passes With a Small Estate

What to Do in New York When a Loved One Passes With a Small Estate Losing a loved one is difficult, and the legal steps that follow can feel overwhelming—especially when the estate is small and you simply need to claim assets like a pension benefit or a tax refund. Fortunately, New York law offers […]

NYC Local Law 88: What Building Owners and Developers Need to Know

NYC Local Law 88: What Building Owners and Developers Need to Know

NYC Local Law 88: What Building Owners and Developers Need to Know By Barry E. Janay, Esq. The Law Office of Barry E. Janay, P.C. Introduction New York City’s Local Law 88 (LL88) is a transformative regulation targeting energy efficiency in large buildings, with significant implications for building owners and developers123. As part of the city’s […]

5 Major Benefits of Hiring a Fractional Chief Legal Officer (FCLO) for Your Business

5 Major Benefits of Hiring a Fractional Chief Legal Officer

In today’s competitive business landscape, small to mid-sized businesses, startups, and growing firms face increasing legal complexity. From compliance and contracts to risk management and intellectual property, the need for expert legal advice is greater than ever. But hiring a full-time Chief Legal Officer (CLO) can be expensive and unnecessary for many organizations. That’s where […]