Bite-Sized Bits of Knowledge
The Importance of Business Succession Planning
Why Every Business Owner Needs a Succession Plan and How It Can Protect Your Legacy As a business owner, you spend countless hours and resources building your business. However, what happens when you are no longer able to run it? One of the most important parts of...
Your Guide to Alternative Dispute Resolution
Recently we took a bit of a deep dive into litigation, covering the process in general and then taking an expanded look on why you probably want to avoid it in most instances. One of the ways you do that? By engaging in alternative dispute resolution. What exactly is...
The Reality of the Litigation Process (and Why to Avoid It)
Often, people come to us gung-ho about suing someone to make them pay for some wrong they have had to endure at the hands of the other party. Perhaps a business partnership went sour. Or they feel slighted in a will.This desire to jump straight to litigation is...
What Is Litigation? Basic Concepts and Why to Avoid It
Learn what is litigation from a knowledgeable Florida business attorney, as well as the reasons that you should try to avoid it.
What You Need to Understand about Tax Basis
You already know that taxes are complicated. It’s why so many people pay to have professionals handle their taxes every year. But tax basis calculation is one of the concepts that people tend to have the most trouble understanding. Part of the problem is that this...
Exit Planning Overview
"You set the price, and I will set the terms" is the age-old saying when it comes to selling a business. The price is not paramount when it comes to exit planning. The terms are. Lots of things go into how how the price and terms are set....
Advanced Care Directives 101: Florida Power of Attorney & More
A Power of Attorney can be an incredibly powerful instrument, so it’s essential you fully understand the legal rights you’re giving to someone else. You also need to know exactly who will be involved in a Power of Attorney. Let’s look at the various parties and what...
Your Florida Probate Guide: Who Are the Parties to a Will and Probate Administration?
Since you are visiting this page, it’s likely you are either planning to avoid probate or about to go through it. In either case, you’re in the right place to learn about the parties to a will and probate administration, and get answers to other common probate...
What Happens When a Trust Owner Dies? (And Other Basic Trust Information)
HAIMO: If a person executes a revocable living trust, and all of their property is in the name of the trust, then there is no need for a probate proceeding. So what happens to living trusts after death? Before we dive into that, it’s important to have an understanding...
The Illusion that a Will Avoids Probate
Hi. Thanks for tuning in 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 just one very narrow topic that we get all the time. I feel compelled to share with you. It's...