Probate is a legal process in which the validity and authenticity of a will is verified. The goal of probate is to distribute the deceased person’s estate according to the terms of their will. In Florida, there are three primary types of probate administration: Formal administration Summary administration Disposition without…
Category: CSBB Blog
Protecting assets is a commonsense goal for most business owners. The first step to ensuring your business is properly protected is to understand what is considered an “asset” under the law. An asset is some type of resource that has economic value that the owner expects will provide a future…
Far too often we are faced with the reality that our parents are fallible, whether it be forgetting or refusing to take medication, giving away money, gifts, or possessions, or becoming violent with health care providers. Florida law provides several methods to allow you to step-in and obtain the appropriate…
In Florida, any adult resident of this state may serve as guardian. A non-resident may also serve as a guardian if they are a close relative of the ward: e.g., related by lineal consanguinity; a legally adopted child or adoptive parent of the ward; a spouse, sibling, aunt/uncle, niece/nephew, or…
A formal definition of a “close” corporation reads a “corporation [that] does not exceed a statutorily defined number of shareholders and is not a public corporation… The main benefit of a close corporation is that it will be exempt from a number of the formal rules which usually govern corporations.”…