In the aftermath of the pandemic, one thing everyone can agree on is that remote work is here to stay, sending a clear message to employers as they struggle to retain workers and rethink their business models. Most also agree that Covid accelerated...
ETHICAL DO’S AND DON’TS FOR SOLO, SMALL, AND MID-SIZED FIRM ATTORNEYS
Lawyers must comply with their states’ versions of the Model Rules of Professional Conduct (Rules), the ethics rules that govern how we handle clients and their matters and how we address confidentiality, staff, technology and cybersecurity,...
EXIT AND RESTRUCTURING STRATEGIES FOR RETAIL DEALS (WITH FORM)
Entering into a retail deal, regardless of whether it involves a lease, ground lease, or pad sale, takes optimism. Each party enters into a new venture that it fully expects will be a mutual success. Unfortunately, the success of a retail...
WETLANDS REGULATIONS
A wetland is an area of land that is either covered by water or saturated with water for at least part of the year. The depth and duration of this seasonal flooding varies. There are various types of wetlands, generally categorized as either...
NON-COMPETE PROVISIONS IN REAL ESTATE JOINT VENTURE AGREEMENTS
A thorny question in any joint venture relationship is to what extent the partners are permitted to freely engage in business outside of the venture that may compete with the venture. On the one hand, certain partners are likely to engage in...
CONVERSATION WITH AN EXPERT: KIM TIGNOR
This article is part of the continuing series of interviews between Rajiv S. Khanna, principal of The Law Offices of Rajiv S. Khanna, PC, (www.Immigration.com), and leading practitioners across the country, designed to provide personal and...
SUBJECTIVE DETERMINATION AND OBJECTIVE
DETERMINATION FOR CLAIMING A WORTHLESS
SECURITY LOSS DEDUCTION
Tax counsel often advise taxpayers to apply Internal Revenue Code (Code) section 165(a) to claim an income tax deduction for an uncompensated loss sustained during the tax year. An uncompensated loss occurs when the taxpayer receives insurance...
VALUATION OF REAL PROPERTY WHEN THERE HAS BEEN A RECENT PURCHASE PRICE
In any trial to determine the value of real property, whether it be an eminent domain taking, or an application to reduce assessed taxes, a recent sale of the parcel will be extremely relevant. If a sale was an open market transaction with a buyer...
IRREVOCABLE INSURANCE TRUST PLANNING AND ADMINISTRATION FOR THE NEW TAX AGE
Insurance. The word itself evokes different reactions. The range of emotions expands when we mention life insurance. And if we add the word trust–life insurance trust–clients may stop listening altogether. But now is exactly the time to be thinking...