There’s a lot of things you can do for yourself, especially with help from your good friend Google or Bing. But you should never attempt to prepare your own Last Will. Even if you get the language right, that’s only part of the process. A Last Will is no good unless it is signed with [...]
Michael Long was asked to appear on Fox 35 News to comment on the City of Orlando’s proposed ordinance to limit the rights of gas station owner. Here’s the clip: Michael Long on Fox 35 News
BrewerLong has moved offices to: Keewin Lexington Park 237 Lookout Place, Suite 100 Maitland, Florida 32751 A map of our new office location is available on our website. Our telephone and fax numbers have not changed.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2009 was passed by Congress and signed into law by President Obama on July 21, 2010. The Act includes a change to the accredited investor net worth requirement that will immediately affect most private placement offerings of stock or other equity investments. Recap: Regulation D [...]
It’s important that business owners know about the Florida Supreme Court’s recent decision in Olmstead v. FTC and its impact on LLCs organized, operating, or owning property in Florida. The Olmstead decision eliminates part of the asset protection feature of all single-member LLCs and calls into question the asset protection afforded by multiple-member LLCs. “[This] [...]
Thanks to Chuck Oliver, founder of The Hidden Wealth System, for inviting us onto his radio program to discuss estate planning, asset protection, and business counseling. We both enjoy the opportunity to work with thoughtful and active counselors and advisors like Chuck. The report mentioned during the radio program–Asset Protection Planning in Florida–can be found [...]
In order for any asset protection exemption or planning technique to be effective, it needs to be implemented before the event giving rise to a third party creditor’s claim has occurred. If a person waits until there is an actual specific threat of liability to a third party, then utilization of the foregoing exemptions or [...]
The techniques described here are means of titling or transferring property to make it immune from creditors’ claims against the owner personally. Effective use of these techniques is at all time subject to the exceptions for fraudulent transfers and conversions. The following discussion is a summary only. If you would like more information about these [...]
The exemptions discussed below are privileges or rights granted by law to a debtor to enable him or her to retain a portion of his or her property free from judicial seizure and sale to satisfy the claims of the debtor’s creditors. Effective use of these exemptions is at all time subject to the exceptions for [...]
For operating businesses that own real estate–office space, warehouses, etc.–common advice is to put ownership of the property in a separate company. The goal is to shield the property from judgment creditors of the operating business. This isn’t bad advice, but as with everything in life, there are costs. Obviously, there are the costs of [...]