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…
Category: CS Blog
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.”…
Florida is not a community property state. Florida is, however, a recipient of domestic and foreign migration. Often, those that relocate to Florida come from community property states, or countries with property rights akin to community property states that require due consideration. In addition, even if the married couple that…