BrewerLong’s New Office
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.
Change to Accredited Investor Net Worth Requirement
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 [...]
What Should LLCs in Florida do in Light of the Florida Supreme Court’s Ruling in Olmstead v. FTC?
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] [...]
Hidden Wealth Radio
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 [...]
Asset Protection Planning in Florida: Fraudulent Transfers
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 [...]
Asset Protection Planning in Florida: Common Techniques
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 [...]
Asset Protection Planning in Florida: Exempt Property
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 [...]
The Cost of Business Liability Protection
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 [...]
Comparing Nevada, Delaware and Florida LLCs on Privacy
For some, it is important that their relationship with an LLC–either as member or manager–is kept private. This post takes a quick look at how three popular states for the formation of LLCs–Nevada, Delaware and Florida–stack up on issue of privacy. Nevada: Premium Privacy, Premium Cost. Nevada promotes itself as offering strong privacy protection, but [...]
Featured Professional: Christy Roman
Christy Roman Now Marketplace President & Chief Executive Officer 1511 East S.R. 434 Suite 2001 Winter Springs, FL 32708 contact@nowmarketplace.com www.nowmarketplace.com ”Consumer trends have drastically shifted online and many enterprises are still operating with a 1990s Internet model,” said Roman. “Business owners shouldn’t think of the Internet as a utility like a telephone. It’s [...]