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,...
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,...
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...
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...
Data breaches and cyberattacks have emerged as a critical threat to Florida businesses in the digital age. Understanding the causes behind these breaches and their possible consequences is essential for companies in assessing and mitigating risks in cybersecurity practices. However, breaches can happen even with thorough cybersecurity policies and procedures. Under Florida law, companies must prevent or address harm...
Establishing a base for your Florida business while maintaining flexibility and cost-effectiveness is a challenge, regardless of the industry the business is in. But thanks to new technologies, the concept of a traditional office space has evolved into something more dynamic and adaptable. In Florida’s competitive business landscape, virtual offices can offer many advantages for budding business ventures. Learn...
Conducting business through a publicly anonymous limited liability company (LLC) can offer privacy, asset protection, and limited personal liability. It shields the owners’ identity from public records, safeguarding them from potential risks like unwanted attention, identity theft, or personal safety concerns. This can be especially valuable for confidential business dealings, securing partnerships, or maintaining discretion in sensitive industries. However,...
Achieving nonprofit status for your business can be an arduous process. But what do you do if you realize your business would be better served as a for-profit? Converting a for-profit to a nonprofit is a relatively direct process. However, changing from a nonprofit to for-profit business in Florida can only be achieved indirectly. Whatever your reasons for switching...
Thanks to its favorable business climate, tax advantages, and high quality of life, Florida has long been an attractive destination for entrepreneurs and established companies. Are you considering moving a business to Florida? Several options are available to business owners, including business conversion, operating as a foreign entity, forming a new company, or merging with an existing corporation. Relocating...