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What is the New York City Pied-à-Terre Tax?
The "Pied-à-Terre Tax" is also known as the "Non-Primary Residence Property Surcharge." It is an annual tax imposed by the New York City Department of Finance on secondary residential properties, or a property within the five boroughs which is not a primary residence.
My husband Michael is not here, but forty-six years ago today we were married and began a life together. That life happened. That love happened. It was not always easy.
Ideally, estate planning is completed before a health crisis or dementia diagnosis. But a diagnosis doesn't necessarily mean it's too late. If a loved one has recently been diagnosed, it's important to find out what can still be done before those options become more limited.
In New York, a proposed fiduciary may apply for Preliminary Letters, which allow them preliminary authority to make decisions on behalf of an estate.
When a recipient of homecare or nursing home Medicaid passes away, a state agency will send a letter to the recipient’s estate with the value of the services it rendered for the last ten years preceding the recipient’s death. However, recovery only applies to recipients who were aged fifty-five or older.
Many families assume that if an older adult's monthly income exceeds Medicaid's income limit, they are automatically disqualified from receiving Medicaid home care. In reality, that is one of the most common misconceptions in elder law.
In a landscape that is increasingly shifting “online,” non-tangible and virtual assets have become a meaningful and integral part of everyday life. If you are the executor of an estate, you should not be quick to overlook these.
As home prices continue to rise, many parents are helping their adult children purchase their first homes. Many parents do not realize that this type of financial assistance can have estate planning implications.
When an estate sells a co-op, the process can be unexpectedly complex, particularly if the Executor doesn’t know what to expect. Luckily, an experienced estates attorney can help navigate you through the process.
While no document is completely immune to a legal challenge, a Trust offers meaningful advantages over a traditional Will.
Because retirement accounts can often represent a significant portion of a family’s wealth, but also come with tax implications and distribution guidelines that are beneficiary dependent, beneficiary designations should be reviewed whenever an estate plan is created or updated.
In The Media
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Nancy Burner, Esq., 2016 Big Apple Entrepreneur Award Winner
The Big Apple Entrepreneur Network & Manhattan magazine announce Nancy Burner, Esq. as one of the inaugural winners of the 2016 BIG APPLE ENTREPRENEUR AWARDS.
May 18, 2016 -
Debunking The Myth: How Gender Equality Benefits Everyone….Suffolk Women’s Bar Hosts Dynamic Panel To Discuss The New Workplace On Long Island, 2016
The Suffolk County Women’s Bar Association will host a first of its kind interactive dinner meeting, keynoted by MICHAEL KIMMEL, PhD, Founder and Director of the Center for Men and Masculine Studies, Author, Lecturer, Distinguished Professor of Sociology Stony Brook University, discussing changing the paradigm for work and family.
March 4, 2016 -
De-Clutter Your Life!
This past Tuesday, October 27th 2015, over 35 of our clients joined us for the “Retired Senior Volunteer Program” (RSVP) presentation on De-Cluttering your life. RSVP’s mission is to provide diverse volunteer opportunities for people 55 and older.
October 30, 2015 -
Nancy Burner & Associates, P.C. Attorneys Named to the 2015 New York Super Lawyers list
We are pleased to announce that Nancy Burner, Esq. has been selected to the 2015 New York Super Lawyers list for an eighth year. Additionally, Britt Burner, Esq. and Robin Daleo Burner, Esq. have been honored as Super Lawyers Rising Stars.
October 21, 2015 -
Nancy Burner has been named by “New York Super Lawyers” magazine as one of the top attorneys in the State of New York for 2013
Nancy Burner has been named by New York Super Lawyers magazine as one of the top attorneys in the state of New York for 2013. Only five percent of the lawyers in the state are named by Super Lawyers.
February 21, 2014
Our Blog
We’re pleased to share that Britt Burner is now the Trust & Estates Expert Contributor for Greater Westhampton Neighbors magazine!
Modern legal practice is poised at the intersection of tradition and transformation with lawyers and firms struggling to fit the square pegs of ancient doctrines and procedures into the round holes of globalization, technology and economic shifts.
We’re proud to share that our Partner, Hon. Gail Prudenti, has written a featured column for Long Island Business News titled “Understanding New York’s Court of Claims.”
In the landmark case of Connelly v. United States, the Supreme Court addressed critical issues concerning the estate tax implications of life insurance proceeds used in the redemption of stock in closely held corporations.
Our criminal courts protect victims. Our civil courts provide a forum for the peaceful resolution of disputes. Our family and surrogate’s courts guide families through what may be the most traumatic experience of their lives.
As we reflect on the complexities of family law, let us work together to support our justices, understanding the weight of their responsibilities and the importance of their decisions.
