Blog
Navigating Residential Real Estate: Why You Need an Attorney by Your Side
If you are buying or selling residential real estate in New York, it is extremely important that you work with an attorney to process all contracts, draft deeds and tax documents and represent you at the closing. While escrow agents may be used in New York, Washington...
New York Rules for Fundraising for an Individual
What are the laws and rules in New York State regulating fundraising for an individual? There are certain circumstances where one would need to file with the attorney general to fundraise for an individual. Next, there may be up to three secondary beneficiaries...
Hedgeman Law Firm Launches 2023-2024 Nonprofit Law Academy
ALBANY, N.Y. – Hedgeman Law Firm, a renowned woman-owned comprehensive law serving NewYork State and Washington D.C., today announced the launch of the 2023-2024 Nonprofit Law Academy(NLA) aimed at educating and building legal capacity for tax exempt...
Lobby Law Compliance for Your Nonprofit Organization
Lobbying is a valuable tool for nonprofits to influence public policy and advocate for causes that align with their mission. However, to maintain transparency, uphold your organization's reputation, and prevent potential legal issues, it's crucial to adhere to lobby...
A Guide to Commercial Real Estate Transactions
Commercial real estate transactions involve several critical steps, each contributing to the successful completion of the deal. These steps, namely Identification and Origination, Underwriting, Due Diligence, and Closing, require careful attention and proper...
Understanding The Limitations of Nonprofit Political Activity
As a nonprofit organization, engaging in political activities is a common and necessary practice. However, there are limitations that must be understood in order to avoid legal issues and penalties. In this article, we will explore the limitations of nonprofit...
Nonprofit Laws in Virginia
Organizations formed in Virginia to conduct business on a nonprofit or not-for-profit basis are usually formed as Virginia nonstock corporations. These corporations, which can, but are not required to, have members (i.e., a membership), do not have owners. When you...
Conflict Of Interest Policies Under the Not-for-Profit Corporation Law
This guide will assist nonprofits in implementing successful Conflict of Interest Policies. This guide reflects amendments to the Not-for-Profit Corporation Law (“N-PCL”) which became effective May 27, 2017. Why implement a Conflict of Interest Policy? A Conflict of...
Commercial Co-Ventures: How-To
Overview: Many nonprofits choose to team up with a for-profit business to benefit the charity while simultaneously promoting a product, service, or good that the business is selling. What is described here is known as a commercial co-venture. While this activity may...
Unrelated Business Income- What to be Aware of as a 501(c)(3) Organization
As a nonprofit corporation operating under §501(c)(3) of the Internal Revenue Code, maintaining tax-exempt status is a priority. However, a corporation may generate income from activities that are taxable. For example, a church may operate a theater for educational...