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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
"Our new Constitution is now established and has an appearance that promises permanency, but in this world, nothing can be said to be certain except death and taxes." This famous quote by Benjamin Franklin is never more applicable than when discussing estate taxes. What are estate taxes? These are the final taxes that could be [...]
Florida real estate foreclosure rates increased by 71% in 2021. This number is just a statistic until it happens to you. Part of foreclosure stress is the stress of not knowing what to expect. Receiving a foreclosure complaint starts a process you have never been through before. Now you have to figure out how to [...]
American household debt totals over $14.6 trillion. This massive number includes several debt types. From small private unsecured loans to large mortgages for home purchases. Securing a loan or other financing is the go-to option for people who need more money than they have. The key to success is knowing what debt type is right [...]
Floridians have the seventh highest credit card debt in the country, with the average Floridian owing about $7,049 on their card. While this may not seem like a lot, this balance can quickly turn into overwhelming debt issues. Speaking with a lawyer can help you find peace and financial freedom. 1. Debt Settlement One method [...]
Small business formation is in the spotlight, with 43 states seeing an increase in commercial lending. Commercial loans can be intimidating for first-timers. They are much more intensive than a standard personal loan and are full of terms that many have never heard of before. Understanding what a commercial loan analysis looks at helps you better [...]
