It is possible to convert a limited liability company (LLC) formed in Delaware into a Florida LLC. The effect of conversion is to change the LLC’s home state, the laws of which govern the organization of the LLC and the relationship among LLC members. Conversion to a Florida LLC should not impact the federal income [...]
Come Together. Republicans and Democrats in Congress came together to pass the Jumpstart our Business Startups (JOBS) Act of 2012, and President Obama signed it into law on April 5, 2012. The stated purpose of the JOBS Act is to ease the burden on smaller companies looking to obtain capital from public and private sources. [...]
A client who is considering launching a new business with two partners asked what it is he should consider on the front end. What I gave him were just a few questions that should be asked and answered by each business partner involved. Here they are: Is everyone putting the same money into the venture? [...]
The Orlando Sentinel has a nice article about one of our charitable partners, Feeding Children Everywhere. You can find the article here.
Martindale-Hubbell, the standard in attorney ratings and reviews for over 100 years, has awarded Trevor Brewer its highest peer-reviewed rating, AV Preeminent. According to Martindale-Hubbell: “An AV® certification mark is a significant rating accomplishment – a testament to the fact that a lawyer’s peers rank him or her at the highest level of professional excellence.” [...]
I recently found the webite eDivvyup.com, which offers a technological solution to a common problem for executors, personal representatives, trustees, and other fiduciaries: dividing up personal property among beneficiaries of the estate. eDivvyup.com provides an eBay-like auction platform where beneficiaries can bid on items of personal property that the fiduciary posts to the site, with or [...]
Given the excitement surrounding all things social networking (see FaceBook’s IPO), it’s not surprising that many are looking for ways to raise capital funding through small investments from the masses of internet users. It’s even got a name: crowdfunding. While most agree that crowdfunding is a worthy and inevitable extension of the internet economy, there [...]
Scott Thomas, with Stewardship Matters, is presenting a Social Security workshop at the Maitland Public Library on Thursday, January 26, 2012, and Saturday, January 28, 2012. Click here for details: Social Security Workshop by Stewardship Matters
A big deterrent to business owners’ enforcing their contractual rights is the potential cost of litigation. Including an attorneys’ fees provision in your contacts can help. Typically, an attorneys’ fee provision will state that, in the event of litigation related to the contract, the prevailing party should be awarded his or her attorneys’ fees and [...]
A recent Florida bankruptcy case suggests that adding your spouse to an existing financial account does not result in a tenancy by the entirety (TBE) account. TBE accounts have special treatment when it comes to protection from creditors’ claims: they are not subject to claims against one spouse but not the other. A creditor with [...]