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Principal Law Firm News

6 Closing Nightmares You Can Avoid with the Right Real Estate Attorney

2023-07-12T11:49:09-04:00July 22nd, 2023|

Buying and selling real estate in Florida is a detailed process. With multiple parties and documents involved, there is a high potential for issues to arise. Working with a real estate attorney can help avoid these common closing nightmares. 1. Encumbrances Property ownership and use aren't always clear-cut. There could be liens on the title. [...]

8 Benefits of Establishing Power of Attorney

2023-06-28T13:24:51-04:00July 8th, 2023|

Just over half of American adults have a power of attorney. There are two most common reasons why people fail to prepare this essential document. They either haven't gotten around to it or do not think they have any assets that warrant getting a power of attorney. However, having one can benefit anyone, no matter [...]

Nonprofit Organizations: 6 Questions About IRS 501(c)(3) Applications

2023-06-03T15:21:02-04:00June 22nd, 2023|

It may come as a surprise, but nonprofits are the third largest employer in the United States. They employ about 11.9 million people. These organizations range in size and type, but all have one similar goal, to help people. If you're ready to take your charitable efforts to the next level by starting your own nonprofit, [...]

5 Things to Know About Elder Law Planning

2023-06-03T16:32:51-04:00June 8th, 2023|

The US Census Bureau predicts that by 2035, there will be more Americans over the age of 65 than children. By 2060, the number of Americans over 85 will triple. With America's population aging, the demand for estate and elder law planning is also increasing. This area of law encompasses a broad range of services [...]

What’s Included in Title & Escrow Services?

2023-05-03T12:15:05-04:00May 22nd, 2023|

Buying a new home is more than the number of bedrooms and architectural style. This is a significant investment. Therefore, you should do the necessary due diligence. Part of Florida's real estate buying process requires title and escrow services. But what exactly are these services, and how do they help you when purchasing real estate [...]

Trusts & Wills: 6 Things to Know

2023-05-02T17:36:03-04:00May 8th, 2023|

When people think about preparing an estate plan, they focus on writing a will. However, this is just one of many legal documents and tools someone could use in their estate plan. Another common tool is a trust. While they perform similar functions, there are some distinct differences. These six things to know about trusts [...]

6 Tips for Navigating Landowner Disputes & Easements

2023-03-29T21:01:22-04:00April 22nd, 2023|

You bought your dream home only to discover that the property line isn't where you thought it was. Or perhaps you purchased a piece of investment real estate and are now finding out that the investment isn't what you thought it was. Maybe your ownership is correct, but now your neighbor is invading your side [...]

What Today’s Employers Should Know About Employment Contracts

2023-03-29T20:06:22-04:00April 8th, 2023|

There are 2.8 million small businesses operating in Florida. Many of these businesses have employees working for them. This presents a challenge to these business owners who must now navigate Florida employment law. One option is to use employment contracts for business. However, this may not be the best option. Business owners need to understand [...]

Tenants not Paying Rent? 5 Thing You Need to Do

2023-02-28T10:32:56-05:00March 22nd, 2023|

As rental rates continue to rise, as many as 8 million Americans are behind on their rent. If you own rental property and find yourself in this situation, there are steps you should take to resolve the issue. Consider taking these five steps when dealing with past-due tenants. 1. Check Your Records and Lease The first thing [...]

Probate Process: What is it And What You Need to Know

2023-02-28T22:32:14-05:00March 8th, 2023|

Have you given thought to what happens to your belongings after you die? Of course, no one wants to think bout their own mortality. However, it is necessary to ensure everything you have worked hard for in life gets handled in a manner that aligns with your wishes. Probate is the crucial process that addresses [...]

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