Bite-Sized Bits of Knowledge

BBK: Trust Parties

Hi, welcome back to another dose of bite-sized Bits of Knowledge where we give you meaningful information in a short amount of time. Today, we're going to talk about the first of about five videos on trust administration. The videos are going to be discussing the...

BBK: Trust Funding

Welcome back to another dose of bite-sized Bits of Knowledge, where we give you meaningful information in a short amount of time. Today, we're going to talk about trust funding. It's a common discussion point that we have. What does it mean and why should you care?...

BBK: Powers of Appointment

Hi, welcome back to another dose of Bite-sized Bits of Knowledge, where we give you meaningful information in a short amount of time. Today, we're going to talk about a really important provision of trusts that has relevance to wills. It's called a power of...

What Floridians Need to Know about Asset Protection

There isn't a person who exists who doesn't want to protect their assets. You've worked hard for what you have -- however much that is -- and you want to make sure it doesn't get snatched away by taxes, creditors, or just plain litigious folk. Thankfully, there are...

Sole Proprietorships in Florida: The Good, the Bad, and the Ugly

Sole Proprietorships in Florida: The Good, the Bad, and the Ugly Maybe you’re a freelancer and you want to keep things simple, but you also want to brand yourself to help get more work. Or perhaps you’re just a single person with a really cheap idea for a product or...

Understanding the Involuntary Divorce Trigger

Understanding the Involuntary Divorce Trigger If you’ve been following along, we’ve been writing quite a bit about the various types of involuntary triggers that can impact the ownership of a business when one person’s ownership stake or shares are taken away due to...

How to Strengthen Your Estate Plan to Minimize Litigation

How to Strengthen Your Estate Plan to Minimize Litigation There’s more to thoughtful and strategic planning than plugging in names and variables. It’s a process. There are a lot of moving parts.  Remember that planning involves probate, guardianship, estate, gift,...

The Involuntary Bankruptcy Trigger and Bankruptcy Basics

The Involuntary Bankruptcy Trigger and Bankruptcy Basics Bankruptcy is a common trigger of an involuntary transfer. If a partner goes bankrupt, you could find yourself partnered… with a partner’s creditors.  Generally, you want to keep it in the family (or within the...

Non Legal Formation Advice

Starting a Business: Non-Legal Formation Advice While you will certainly have to traverse many complex legal facets when starting a business, the broad platform for a healthy business also encompasses many non-legal pieces of common sense. Having certain practical...

Planning for Your Legacy: Big Picture Decisions and Issues

What you don’t know can hurt you – and your family and your business. Being prepared means having a plan to navigate life’s unforgiving uncertainties both during life and after death.  We’re talking, of course, about estate planning, and it’s important to realize that...

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