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Principal Law Firm News

The Probate Process Explained

2022-06-13T11:05:15-04:00June 22nd, 2022|

About 200,000 people pass away in Florida each year. For each one of these people, there is an estate that must be handled. There are three methods for handling a deceased's estate in Florida, formal, summery, and disposition without administration. Not every estate goes through probate. However, knowing the probate process can help you understand [...]

6 Estate Planning Errors That Will Cost Your Family Money

2022-03-21T16:55:16-04:00April 8th, 2022|

One out of every 700 deaths results in paying federal estate taxes. While this is a small fraction of the US population, it isn't the only source of end-of-life expenses. If you want to know how to avoid high pay-outs, learn about these five common mistakes. 1. Taking the DIY Approach With so many resources [...]

Think You Know What to Include in a Will? Not Without These 5 Things

2022-03-16T10:48:16-04:00March 22nd, 2022|

You aren't alone in getting your estate planning documents in order.  Individuals making between $40k-$80k who have a will increase from 33% in 2020 to 39% in 2021. That's an increase of 18% in just one year. One of people's biggest struggles is what to include in a will? Once you've figured out whom you are [...]

The 7 Reasons You Need Real Estate Lawyers

2022-03-01T21:04:22-05:00March 8th, 2022|

Real estate lawyers and their services account for about 10% of the US legal industry. They serve everyone from private individuals buying a family home to corporate investors looking to expand their territory and market share. While many real estate transactions could be considered routine, a few situations require special attention. If you find yourself [...]

Title Transfers: 5 Things to Consider Before You Sign

2022-02-15T15:38:26-05:00February 22nd, 2022|

Orlando is considered one of the best cities for retirement, one of the hottest construction markets in the country, a top city for foodies, and ranked higher than other real estate marketing for housing. All of these positives can have you wanting to buy real estate in this high-demand market. However, before you jump in [...]

Warranties and Home Deeds: Everything You Need to Know

2022-02-02T15:29:10-05:00February 8th, 2022|

You've found the perfect piece of real estate and submitted your bid. The seller's accepted, and you're ready to move forward with making the agreement official with the signing of documents and making payment. Not so fast. Buying real estate is an investment, and you need to protect your interests. This means choosing the right [...]

Why Rental Property Ownership Requires Ongoing Legal Counsel

2022-01-15T13:44:33-05:00January 22nd, 2022|

There are 7.4 million households in Florida, and 2.6 million are renters. This represents a large demographic of people who pay someone that has invested in rental property ownership. While some of the properties fall under the ownership of large corporate investment groups, there's also a large majority that private investors own. If your investment [...]

Facing a Foreclosure? 6 Things to Look for in a Legal Partner

2021-12-01T12:28:10-05:00December 22nd, 2021|

Florida foreclosure rates saw a rise in 2020, making them the second-highest in the nation. If you are currently facing foreclosure or are about to face it, it's time to consider hiring an attorney. Having someone represent you ensures you know your rights and all of your options. Keep these six tips in mind when [...]

What You Can Learn from a Thorough Commerical Loan Analysis

2021-12-01T10:50:50-05:00December 8th, 2021|

Small business owners borrowed $645 billion in 2019. Are you ready to take your business to the next level but need a little extra financial assistance? A commercial loan can be the way to go. However, you shouldn't accept just any loan. The terms need to be favorable and financially smart for your business. A [...]

Millions of Americans Are Moving: What You Need to Know About Title Services Before You Buy

2021-10-28T20:21:38-04:00November 22nd, 2021|

The Florida housing market is rising with more new listings and higher median prices than a year ago.  This growth in the real estate market presents an opportunity for more people to move within and into the sunshine state. However, it also presents a risk. Buyers need to protect their real estate investment by taking [...]

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