When you lose a loved one, the last thing you want to do is get into a fight about what should happen to their property. Yet, family members or others in your loved one’s life may be unexpectedly willing to turn your loved one’s death into a fight. Before you respond to or escalate probating your loved one’s estate,...
Generally, probate litigation involves challenging the administration of the estate of a deceased individual (i.e., decedent). Florida law attempts to ensure estates are closed as soon as possible to avoid a decedent holding title to any property for an extended period. As a result, the statute of limitations on probate litigation is relatively short. With few exceptions, you must...
Farm tax credits in Florida are incentives provided to landowners to support agricultural activities and promote economic growth in the state’s agricultural sector. Operations must meet specific requirements, such as actively cultivating agricultural products and complying with environmental regulations to qualify for farm tax credits in Florida. By understanding these criteria and how to qualify for farm tax credits,...
Agricultural tax exemptions are state-offered incentives offered to encourage and support agricultural activities. These exemptions can reduce property taxes for landowners engaged in farming or other agricultural endeavors. Florida’s agricultural tax exemption program supports the state’s agricultural industry by providing tax relief to eligible landowners. Properties must meet specific criteria to qualify. Understanding these requirements is vital to ensure...
Losing a loved one is hard. Worrying about the deceased’s estate only adds stress to the situation. Probate is the legal process through which a deceased person’s estate is administered and distributed under court supervision. It involves submitting and validating the deceased person’s will in the proper Florida court, identifying and inventorying assets, paying debts and taxes, and distributing...
A business entity is an organization that engages in commercial, industrial, or professional activities. There are various entity structures to choose from, and each type has its unique structure, rights, and responsibilities. Two of the most common types of entities are the corporation and the limited liability company, or LLC. A business owner may choose an LLC for its...
When it comes to business entity structure, only some are as versatile as the limited liability company (LLC). Offering liability protection and flexibility, LLC owners are not personally liable for the company’s debts or liabilities, protecting their personal assets. Also, LLCs have fewer formalities and paperwork requirements than corporations, making them easier to manage. They offer pass-through taxation, where...
The US Department of Labor (DOL) enacted a new Independent Contractor Rule on January 9, 2024, which refers to the Fair Labor Standards Act (FLSA or Act). The FLSA was introduced to eliminate “labor conditions detrimental to the maintenance of the minimum standard of living necessary for health efficiency, and general well- being of workers.” The new Rule is...
A trademark is a distinctive symbol, word, phrase, design, or combination that legally identifies and distinguishes the source of goods or services from those of others. It serves as a unique identifier for businesses, helping consumers recognize and associate products or services with a specific brand. And while trademarks and registered trademarks have similar names, they have slightly different...
A copyright grants the creator of an original work exclusive control over its use and distribution. This legal protection can be applied to various forms of creative expression, such as literary works, music, art, and software. Copyright law ensures that creators have the sole authority to reproduce, distribute, perform, and display their work, and it helps protect against unauthorized...