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Joint tenancy is a common practice in Florida. However, it’s important to know that there are both pros and cons of it if you want to avoid having the real property go through probate. When you have all the information, you can decide whether a joint tenancy is worth...
Many individuals see the creation of a comprehensive estate plan as an arduous task – and they are glad when it’s over. It is not uncommon for people to rush through the process to get it over with. They often never go back to review or revise various elements after...
The division of property can be one of the most time-consuming and stressful parts of the divorce process. This is especially true with assets that carry a lot of emotional weight and sentimentality, like the family home. The division of property When people divorce,...
The state of Florida is one of the most tax-friendly states in the country, and along with the abundant sunshine and great weather it has to offer, the income tax schedule makes it doubly as attractive for businesses of all types. Not only are individuals not required...
During the divorce process, couples in Florida will negotiate how to split the life they built together. This can involve the division of property as well as child support and custody issues. If one or both of the spouses owned a business, they will also have to...
Most localities have zoning rules. For example, cities in Florida are typically divided into residential, industrial and commercial zones. These restrictions help keep cities safe and comfortable. Typically, they also help maintain high property values. In some cases,...
Not everyone is permitted to contest a will. An individual can only challenge the authenticity of a last will and testament if they have standing in probate court, which means they will be directly affected by the terms of the will. As a Florida resident, here are...
When someone dies with or without a will, some assets must go through probate. Florida probate courts do not become involved with "transfer on death" accounts, as TOD accounts automatically execute once someone passes away. Some may wonder about setting up as many TOD...
Litigation can be stressful and costly for your Florida company, but sometimes, you may have little choice but to pursue a legal solution to a business problem. You may also find yourself in a situation where you are facing a lawsuit filed by another party. Common...
A business in Florida might commit a breach of contract if they fail to fulfill their obligations to the other party. In some cases, the other party might sue them for damages. However, the other party might do nothing in certain situations, like an anticipatory...