In Florida, the statute of limitations for breach of contract depends on the type of agreement and the remedy being requested. A written contract claim is generally subject to a five-year deadline, while an oral or unwritten contract claim is generally subject to a four-year deadline. If the lawsuit asks for specific performance, the deadline may be only one...
Two or more people entering a business relationship is generally called a partnership. Most people enter these relationships with the best intentions but often don’t plan for when things go wrong. Partnership disputes arise when disagreements occur between business partners regarding various aspects of their partnership, such as finances, management, or ownership. Timely resolution is crucial to prevent further...
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,...
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 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...
The growth of artificial intelligence (AI) has revolutionized the way the world does business. This growth is expected to jump exponentially as more people utilize generative AI technology, ushering in a new era of challenges and opportunities. AI’s impact on intellectual property law presents novel questions as writers, artists, inventors, and others begin to use the technology in their...
To have a successful business in Florida means staying on top of state compliance requirements. One such obligation for companies is the appointment of a registered agent, which is required by state law. But what is a registered agent in Florida, who can be one, and what do they do? What Is a Registered Agent? A registered agent serves...