How Direct Partner Involvement at Roach, Lennon & Brown Shapes LLC Formation
Why Partner-Led LLC Formation Matters for Buffalo Business Owners Forming an LLC in New York takes more than filing a single form with the state. When Buffalo founders ask how direct partner involvement shapes LLC formation, the answer comes down to decisions made early: how the entity is structured, how ownership is written down, and […]
Who Can Be the Beneficiary of a Supplemental Needs Trust in New York?
Protecting a Loved One With a Disability Through Careful Trust Planning Key Takeaways: In New York, the beneficiary of a supplemental needs trust must generally be a person with a "severe and chronic or persistent disability" as defined in EPTL § 7-1.12(a). The beneficiary doesn’t have to be related to the settlor, so an adult […]
What Is the 30-Day TTAB Trademark Opposition Deadline in New York?
Why 30 Days Can Decide the Future of Your Brand Key Takeaways: The TTAB trademark opposition deadline is 30 days from publication in the USPTO’s Official Gazette under 15 U.S.C. § 1063(a). This federal deadline applies uniformly to Buffalo, Niagara Falls, and Western New York businesses. A timely extension request may add 30 days without […]
What Is Ancillary Probate in New York for a Nonresident Decedent?
When an Out-of-State Estate Owns Property in Western New York Key Takeaways: Ancillary probate is a supplemental New York Surrogate’s Court proceeding governed by Article 16 of the SCPA that allows a fiduciary to take authority over New York assets when the decedent was domiciled elsewhere. It is most often triggered by real property, as […]
What Is the 30-Day 83(b) Election Deadline for Buffalo Startup Founders?
Why 30 Days Can Define a Buffalo Founder’s Tax Future Key Takeaways: The 83(b) election deadline for startup founders is 30 days from restricted stock transfer, per IRC § 83(b)(2). The clock starts at transfer, not incorporation or vesting, and the election cannot be revoked without IRS consent. The election matters only when founder stock […]
Why Buffalo Founders Choose Roach, Lennon & Brown for LLC Formation
Why Buffalo Founders Choose Roach, Lennon & Brown for LLC Formation LLC formation in Buffalo, New York looks deceptively simple until you reach the parts of the New York Limited Liability Company Law that surprise first-time founders: a 120-day publication window, two county-designated newspapers, a Certificate of Publication, and beneficial ownership questions. Buffalo founders choose […]
What Is a Medicaid Asset Protection Trust in New York?
Protecting the Family Home and Savings From Long-Term Care Costs in Western New York Key Takeaways: A Medicaid Asset Protection Trust (MAPT) in New York is an irrevocable trust designed to remove assets from your countable resources for Medicaid eligibility while preserving them for heirs. Because the grantor gives up access to trust principal, the […]
Why Buffalo Families Choose Roach, Lennon & Brown for Estate Planning
Why Buffalo Families Choose Roach, Lennon & Brown for Estate Planning Estate planning in Buffalo, New York ensures loved ones are cared for, family businesses survive generational transitions, and documents signed today hold up under New York’s Estates, Powers and Trusts Law when they matter most. Families across Western New York choose Roach, Lennon & […]
What Is a Franchise Disclosure Document Under New York Law?
Understanding Franchise Registration Rules for Buffalo Business Owners Key Takeaways: Under New York law, franchisors must register a Franchise Disclosure Document (called an "offering prospectus") with the Department of Law before offering or selling a franchise, per Article 33 of the General Business Law (GBS § 683). The required contents are governed by 13 NYCRR […]
How to Choose Between a Revocable Living Trust and a Will in Buffalo
Understanding Your Estate Planning Options in Western New York Key Takeaways: Choosing between a revocable living trust and a will in Buffalo depends on your priorities around privacy, probate avoidance, and asset types. A will directs where property goes after death and can name guardians for minor children, while a properly funded revocable living trust […]