Corporation or LLC?

Should Your New Business be a Corporation or LLC

If you are conducting or starting up a business as a sole proprietor or a partnership, there are significant advantages to operating as a Corporation or LLC. One key advantage is that personal liability for the losses, debts or court judgments can be avoided, provided you respect the formalities required by the laws of the state in which the Corporation or LLC is formed. Continue reading “Corporation or LLC?”

Does a will need to be printed on legal size paper?

Will stationery paper size has no effect on the validity of a will. In the past, legal size paper was a tradition, but either letter or legal size paper can be used.

On the other hand, the quality of the will paper is important. Ever notice the way that a document printed on copy paper discolors and deteriorates after a few years? Documents such as wills, trusts, deeds—which must last for decades—call for archival quality paper.  Archival paper also suits the import of such documents.

Archival paper is acid free and made with cotton. The best is 100% cotton although 50% and 25% grades also resist discoloration and deterioration. A 24 lb. paper tends to stand up better than a 20 lb. A smoother, harder surface, such as a ledger finish, resists accumulation of dust and dirt better than softer bond, linen and laid finishes.  Copy papers are usually 20 lb. and contain no cotton content.

Click here to see our selection of will papers.

( Director of Marketing )

I have spent my career researching ways in which I could increase search traffic, rankings, and revenue in a very niche market that sells legal services and law office supplies. I direct a team that oversees social media, digital and print advertising, SEO, graphic design, web programming, print and catalog creation, typesetting, blog writing, photography, and anything a marketing department needs.

NYC Enacts Protection for Freelance Workers, Effective 5/15/17

A single person or an entity with only one person, engaged as an independent contractor by companies in New York City for work worth more than $800 (including multiple small projects within a 120 day period), is entitled to a written Freelance Contract that provides timely and full wage payment rights, prohibits retaliation if they exercise their rights, and provides penalties against companies for non-compliance. Continue reading “NYC Enacts Protection for Freelance Workers, Effective 5/15/17”

Where should I file my LLC or corporation?

What State Should I file In?
What state should I file in?

Conventional wisdom has it that filing LLCs and corporations in certain foreign states is preferred because the laws are more friendly or annual franchise taxes are lower.

This is a trap for the unwary. If you are going to actively engage in business in the state where the business resides seek professional advice about what jurisdiction is best for your purposes. Otherwise, it could be very expensive in the long run and even dangerous. Continue reading “Where should I file my LLC or corporation?”

January 2017 Updates

New York Enforcement of Judgements
Blumberg Legal Form 439

Revised Forms

The revision reflects the increase on December 31, 2016 of the current dollar amount of the exemption from enforcement of judgments based upon the revised NY State minimum wage. NYS has enacted various wage amounts so please check the accompanying wage chart on page 3 of the form and use the applicable amount to calculate in the appropriate field.

New York – Enforcement of Judgments

– Income execution, CPLR §5231, blank ct., 1-17