It’s quite a transition to pass your business on to the next generation. It’s very important, both for your family and for the future of the company itself, that you know what steps to take as you do this. Every business owner is in a unique situation, so different...
Florida’s Trust Code, set forth in Chapter 736, Florida Statutes, defines who is a “qualified beneficiary” and sets forth the rights which such a beneficiary has under a Florida Trust. Section 736.0103 (19) Florida Statutes provides as follows: “Qualified beneficiary”...
When an aggressive dog approaches you, you probably have just a split second to make a decision – Should you run? Should you fight? Should you yell for help? In other situations, you may not even have time to react. Some people get bitten by a dog before they even...
Driving when you’re too tired can be very dangerous. Even so, people do it all the time. Some of them are commuting to work in the morning after dragging themselves out of bed. Others are just trying to keep going during a road trip, driving late into the night so...
You decide who your power of attorney (POA) is as part of your estate plans. Your power of attorney handles any financial and medical decision if you are incapable of making the decision for yourself. Typically, people who have to undergo medical treatment, develop...
When a Florida resident dies, one of the first steps which needs to be accomplished is to determine whether the decedent’s assets will need to go through probate. This article briefly discusses situations where probate does NOT apply. 1. Assets with a beneficiary or...
What you do with your estate will determine your ultimate legacy. Whether you leave property for family members or help fund the creation of a scholarship program, the way you plan to distribute the assets that you leave behind when you die will determine how people...
Have you ever thought about the kind of life you want for your pets when you’re no longer here to care for them? Perhaps surprisingly, most people do not. Those who do typically expect to give them to a friend or family member in their will. Under the law, pets are...
Your parents have managed their money since early adulthood. Over the years, they’ve made significant purchases and even run their own companies. You’re used to them being independent, and that’s what they are used to as well. Unfortunately, age is something that...
As the personal representative of the estate of someone who died while living in the Tampa area, you will have numerous legal obligations in the upcoming months. There are many responsibilities that you need to fulfill, so it is crucial that you familiarize yourself...