Wills, Trusts & Estates

Crafting a comprehensive succession plan for holders of licensed businesses demands a nuanced understanding of regulatory requirements and licensing qualifications. The Danow Group recognizes the unique challenges posed by regulatory restrictions in estate planning and is committed to providing tailored solutions.

Wills, Trusts & Estates Overview

Succession Planning for Licensed Entities

Experienced guidance on considering licensing qualifications when creating a succession plan for holders of licensed entity interests.
Recognition of state-imposed limitations on the number and types of licenses an individual can hold.

Spousal and Family Plans

Insight into state-specific regulations, such as restrictions on multiple off-premise licenses.
Strategies for addressing limitations when spouses each have an interest in a licensed entity, ensuring effective transfer plans.
Advice on how trusts can be employed to navigate licensing-related challenges in estate planning.

Regulatory Considerations

Awareness of the disqualification of individuals with felony records from holding interests in licensed entities.
Understanding restrictions on individuals holding interests in different tiers (e.g., supplier/wholesale vs. retail) within the beverage-alcohol and cannabis industries.
Strategies for using trusts to address tied-house issues and achieve estate planning goals that might be otherwise restricted.

The Danow Group is ready to assist you and your advisors in navigating the complexities of transferring assets subject to regulatory and licensing requirements. We help ensure that your estate plan aligns with regulatory considerations, providing a seamless transition for licensed business interests.

SAPA and License Renewals

April 23rd, 2025

§401 (2) of the New York State Administrative Procedures Act (“SAPA) provides: When a licensee has made timely and sufficient application for the renewal of a license or a new license with reference to any activity of a continuing nature, the existing license does not expire until the application has been finally determined by the […]

Read Article

Outdoor Dining Rules Eased

April 3rd, 2025

As of April 2, 2025 the Liquor Authority will accept DOT issued conditional approval as proof of written authorization from a responsible municipal regulatory body or agency authorizing the use of municipal public space. This means that a licensee may now use the DOT conditional approval to apply to the SLA for permission to alter […]

Read Article

Common Violations

February 27th, 2025

All licensees should understand and avoid the most common violations for which the Liquor Authority brings charges. Sales to Minors. One of the most common violations and the one the SLA takes most seriously is sales to minors. It is illegal to sell or give alcoholic beverages to a person under the age of twenty- […]

Read Article

Services