News

02/20/2013

Private Client Spotlight: Surrogate Court Accounting – Executor Cannot Shortchange the Surviving Spouse

When is 1/3 not 1/3?  When it’s not fair!  Surrogate Glen of the New York Surrogate Court recently ruled that a surviving spouse should receive more than what the executor computed to be her 1/3 elective share of her husband’s estate because the expenses allocated to the spouse were inequitable. Although a decedent in New
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Private Client Spotlight: IRS Increases Estate and Gift Tax Exemptions to $5.25million: It’s Never Too Late to Start Your Estate Plan

In anticipation of the estate and gift tax exemptions returning to pre-2001 levels, many high net worth individuals engaged in a variety of estate and gift tax planning to maximize their exemption.  However, The American Taxpayer Relief Act not only extended the increased exemption levels but indexed them for inflation.  The IRS announced on January
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02/13/2013

Immigration Spotlight: President Obama Addresses Comprehensive Immigration Reform as a Critical Component of Strengthening The State of The Union

On February 12, 2013, President Obama delivered the first State of the Union address of his second term in office. Approximately midway through his speech, while discussing the strength of the U.S. economy, President Obama introduced the subject of Comprehensive Immigration Reform. His comments mirrored the contents of the immigration reform plan he announced on
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02/12/2013

Immigration Alert: March 2013 U.S. Visa Bulletin Released

The U.S. Department of State (DOS) has published the March 2013 Visa Bulletin. Priority cut-off dates for the most common employment-based categories are provided below.  Foreign nationals having a priority date before the established cut-off date are eligible to file immigrant visa or adjustment of status applications for permanent residence.  For additional information regarding the
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02/04/2013

IP Partner Brian Brokate Quoted in Thomson Reuters Article

Intellectual Property Practice Head, Brian W. Brokate, was quoted in a Thomson Reuters article on February 1, 2013 entitled, “Justice Department focuses on intellectual property crime.” The comments were made during his panel discussion at the Practicing Law Institute’s IP Enforcement & Litigation 2013 event. Mr. Brokate highlighted that increasingly IP law enforcement is moving
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01/31/2013

Immigration Spotlight: President Obama Announces Plan for Immigration Reform

On January 30, 2013, the day after a bipartisan group of senators announced a Framework for Comprehensive Immigration Reform, President Obama outlined his proposal. At a speech in Del Sol High School in Las Vegas, Nevada, the President remarked that our immigration system today is “out of date and badly broken,” and vowed to reform
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Immigration Spotlight: Senators Introduce Immigration Innovation Act of 2013

Following an announcement from the Senate outlining a bipartisan framework for Comprehensive Immigration Reform, on January 29, 2013, Senators Hatch (R-UT), Klobuchar (D-MN), Rubio (R-FL), and Coons (D-DE) introduced the Immigration Innovation Act of 2013 (or “I-Squared Act”). The bill is aimed primarily at expanding employment-based immigration options, with some additional provisions related to family-based
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01/28/2013

Immigration Spotlight: The Entrepreneurs in Residence (EIR) Immigration Initiative

The launch of “Startup America” in 2011 marked the beginning of a White House-led initiative to create and accelerate job growth by promoting immigrant-led entrepreneurialism in the U.S. In August 2011, Secretary of Homeland Security, Janet Napolitano and United States Citizenship and Immigration Services (USCIS) Director Alejandro Mayorkas outlined a number of provisions they deemed
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Immigration Spotlight: Bipartisan Plan for Comprehensive Immigration Reform Announced

Today members of the U.S. Senate released a blueprint for Comprehensive Immigration Reform. The senators – a bipartisan group including four Democrats (Sen. Schumer-NY; Sen. Durbin-IL; Sen. Menendez-NJ; and Sen. Bennett-CO) and four Republicans (Sen. McCain-AZ; Sen. Graham-SC; Sen. Rubio-FL; and Sen. Flake-AZ) publicized the plan one day before President Obama is expected to outline
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01/14/2013

Immigration Alert: Plan Now for H-1B Cap Filings

April 1, 2013 marks the first day U.S. Citizenship and Immigration Services (USCIS) will accept H-1B petitions subject to the Fiscal Year (FY) 2014 H-1B cap.  Preparation for H-1B cap season starts much earlier, with the identification of prospective beneficiaries and gathering of supporting documentation.  With increasing demand for H-1B workers, we encourage employers to
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