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What Do I Need to Know About Medical Aid in Dying in New York?
New York State. Governor Kathy Hochul has publicly announced her intent to sign the Medical Aid in Dying Act, which would allow certain terminally ill adults, under narrowly defined circumstances, to request and self-administer prescribed medication to bring about a peaceful death.
Without a succession plan, a business owner’s family and/or co-owners are forced to make quick and stressful decisions. Having a procedure in place is invaluable.
The limited liability corporation, or LLC, is designed to combine the flexibility and simplicity of a basic partnership with the protection of a corporation. “LLC” stands for “Limited Liability Company” and owes its name to the fact that the members (owners) of the LLC are not personally liable for the debts and liabilities of the business.
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The Connelly vs. IRS ruling has significant implications for buy-sell agreements and corporate redemptions.
