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Principal Law Firm News

How Does Changing to An LLC Affect Your Business

2018-11-20T17:13:01-05:00September 17th, 2018|

How Can I Organize My Small Business? If you’re reading this, odds are you own a small business or you’re seriously considering starting one. You’ve probably spent years pulling together your initial funding, drafting a business plan, looking at commercial real-estate, and doing all the other myriad tasks required to get a new venture up, [...]

The 5 Things To Do Immediately When Facing Foreclosure

2018-11-20T17:11:22-05:00September 3rd, 2018|

What Is A Foreclosure? If you’re reading this, odds are you already know what a foreclosure is and how it may affect your life. Nevertheless, a brief review might help explain the issue in a little more detail. Put simply, a foreclosure is the legal process by which a bank or other lender may take [...]

Labor Day Honors and History in the USA

2018-09-02T03:17:41-04:00August 31st, 2018|

Labor Day marks the end of summer and for many, it is the last care-free summer holiday before fall schedules and school terms take over their lives. Mysterious Holiday:  Labor Day Labor Day History and its Heritage Touches Our Working Life Every Day Labor Day is such a mysterious and perhaps misunderstood holiday [...]

What Can You Do When Power Of Attorney Is Contested?

2018-11-20T17:11:31-05:00August 20th, 2018|

What Is A “Power of Attorney?” A “power of attorney” is a legal device used to delegate authority from one person to another. The person conferring the power, referred to in the law as a “principal,” can determine (within certain legal limits) the scope of authority given to the other party--called an “agent.” How the [...]

The Contingency that Protects Other Home-buying Contingencies

2018-08-14T02:51:35-04:00August 13th, 2018|

A simple contingency written into your contract can assure you of special protection in a home-buying situation.  Principal Law has stated previously that you should have a real estate attorney represent you when you buy a home.  Insure this influence by including a contingency for your attorney’s review of the contract before it becomes binding. [...]

Your Real Estate Attorney, the Unsung Hero of Home Buyers

2018-08-03T22:51:52-04:00August 3rd, 2018|

Your real estate attorney is your legal protector when you enter the unfamiliar world of home buying. A real estate attorney is not required by Florida law, but hiring a real estate lawyer is still a very good idea. Your real estate attorney is your guide and your hero through the paper storm  of buying [...]

Estate Taxes and your Irrevocable Life Insurance Trust

2018-08-01T21:50:53-04:00July 22nd, 2018|

Today we bring you a very special blog to help you plan your estate and care for your family after your death.  We will introduce the life-changing document, the Irrevocable Life Insurance trust. The founder of Principal Law, Shivon Patel initially wrote most of this blog as an article last year.  We have changed it. [...]

Protection for Your Young Adult, Part 2

2018-07-23T12:44:07-04:00July 8th, 2018|

Protection for your child is an easy matter when they are minors.  But, how do you give your baby legal protection when he or she reaches 18?  More over, how do you protect them if they are unconscious or seriously hurt?  At Principal Law, we know your children doesn't stop needing your protection just because [...]

Legal Protection for your 18 Year Old College Child in Emergency: Special Alert!

2018-06-28T04:41:28-04:00June 27th, 2018|

Did you know your child becomes a legal stranger to you the minute he or she turns 18?  Legal adulthood happens at 18 in most states. If there is an emergency medical situation, you have no more legal rights over him or her than over a stranger you never met or the 40-year-old friend who [...]

Happy Father’s Day, Super Heroes and Rising Stars 2018

2018-06-15T20:24:56-04:00June 13th, 2018|

Father's Day is our first order of business in today's blog. We honor Father's Day as a day of tribute, not only to fathers but to all the men who have influenced our lives with kindness, wise counsel, and generosity. Principal Law wishes a Happy Father’s Day.  And special wishes to the step-fathers, brothers-in-law, uncles, [...]

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