When you are starting a business in Florida, there are many important decisions you will have to make as you move forward. The choices you make during the formation process will have an impact on the future of your company and the way your business operates. It can be...
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Month: April 2018
Life Insurance and a Living Trust
With a life insurance policy, the owner can designate beneficiaries, and at the death of the owner, the policy pays the death benefits directly to the designated beneficiaries. The benefits are paid in accordance with the contractual terms of the policy. So long as a...
Florida Homestead Protection of Spouse and Minor Children
In Florida, a person's homestead is their principal place of residence and as homestead, the property has certain benefits and protections. These include: (1) exemption for creditor claims; (2) exemption from certain real estate taxes; and (3) protection of spouse and...