When purchasing a business, there are many issues which need to be taken into account. This is true whether the buyer is purchasing the entity, such as a corporation or LLC, or just the assets. This blog entry is focused on what questions to ask when purchasing a...
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Month: December 2016
Legal Challenges Facing Unmarried and Same-Sex Couples
Unmarried and same-sex couples face unique challenges under the law--especially when it comes to matters involving estate planning. When a couple live together but are not legally married, they essentially have little or no rights when it comes to certain...
Statutory Duties Under a Power of Attorney in Florida.
In recent years, Florida has "beefed up" Chapter 709, which sets forth the statutes governing Powers of Attorney. Among the directives contained in that chapter are certain duties which govern an agent authorized to act under a Power of Attorney. These duties apply...
Purchasing an Existing Business–Should You Buy the Assets or the Business Entity?
When considering purchasing an existing business, a common question arises regarding whether to purchase the assets of the business or to purchase the business entity itself. For example, if purchasing a small sandwich shop which is owned and operated by Acme...
Can My Agent Use My Durable Power of Attorney to Make Gifts or to Change Beneficiaries?
Estate planning clients sometimes ask whether the person (or "agent) named in their Durable Power of Attorney ("DPOA") has the power or authority to do certain acts regarding the principal's estate or assets. For example, can the agent named use the power of the DPOA...
