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Principal Law Firm News

5 Ways an Attorney Partnership Can Benefit Your HOA

2021-06-01T13:08:25-04:00June 8th, 2021|

Florida is second in the country behind California for the number of HOA organizations in the state. There are a staggering 48,500 in Florida. Many people choose to live in these communities because they are pleasant communities and are well maintained. An HOA attorney benefits your HOA by providing the legal representation necessary. If your HOA [...]

5 Business Law Myths Debunked

2021-05-14T23:04:17-04:00May 22nd, 2021|

You've probably heard several myths about business law attorneys. They sound compelling but simply aren't true.  Believing business law myths can end up costing you. We debunk five of the most common business law myths so that you can better protect your business. 1. Myth: Lawyers Destroy Small Businesses Lawyers get a bad reputation because they [...]

It’s a Hot Housing Market! 4 Reasons You Should Have an Attorney with You at Closing

2021-05-01T12:39:17-04:00May 8th, 2021|

While Florida real estate law doesn't require you to hire an attorney for your real estate closing, it's a smart idea to work with one. Hiring a lawyer to represent you during your real estate transactions will provide you with several benefits. They are the only one that can give you legal advice and guidance. [...]

6 Reasons to Avoid Free Online Legal Help

2021-03-02T10:26:42-05:00March 8th, 2021|

When you need answers, what's the first thing you do? If you're like most people, you pull out your phone, tablet, or laptop and do a quick Google search. About 3.5 billion Google searches happen every day. Many of these queries are looking for online legal help. While it makes sense to start your search for [...]

Understanding How Attorney Trust Account Services Work

2021-12-30T11:24:47-05:00January 8th, 2021|

A 26- vehicle accident took place in 2017 that resulted in 13 people suffering injuries and the death of a teenager. Four years later, in 2021, a jury awarded nearly $1 billion in damages against the liable trucking companies. This sounds like a lot of money, but the injured parties don't simply walk away with [...]

Getting Married? The Importance of having a Will, Living Will & Trust

2020-12-07T23:40:10-05:00December 28th, 2020|

Just over two million couples married in 2019. They spent an average of $33,900 on the engagement ring and ceremony. But what happens after the wedding? This is the time to consider long term plans, such as your will, living will, and trusts. Many people make the mistake of putting off or avoiding these tough topics. [...]

5 Signs You’re Ready for Business Incorporation

2020-12-07T19:17:45-05:00December 14th, 2020|

There are 30.7 million small businesses in the United States. Each year, people embark on their dream of owning their own company, and this number grows. It's an exciting and scary time as you venture into a new chapter in your life. To keep costs down, you start your business as a sole proprietor operating [...]

6 Clauses Small Businesses Need in a Client Contract

2020-11-13T10:08:28-05:00November 23rd, 2020|

Anywhere from 36% to 53% of small businesses are involved in at least one litigation each year. While this may sound like a lot and an inevitable future for your business, it doesn't have to be that way. For many of these situations, the litigations could have been completely prevented and avoided with a clear [...]

Buying a Rental Property? 5 Ways an Attorney Can Protect Your Investment

2020-11-09T13:48:34-05:00November 16th, 2020|

As any rental property attorney will tell you, every investment comes with a certain amount of risk. Owning rental property can generate both monthly cash flow and long term growth. One way to ensure the success of your investment is to protect it. A rental property attorney can help you understand the risks and how you [...]

How Does A 1031 Like Kind Exchange Work?

2020-07-20T14:54:51-04:00July 27th, 2020|

When you sell off an investment property and profit from its sale, the transaction is subject to capital gains tax in Florida. But with a 1031 like kind exchange, you can defer the taxes. That’s provided that you reinvest the entire sales proceeds into a like-kind investment. The IRC’s Chapter 1031 lends its name to [...]

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