Starting and running a Florida nonprofit can be document-intensive. From the beginning, documents are required that define the scope and mission of the organization as well as the rules by which the organization is run. Later, once regular operations are underway, other documents could be created that govern the non-profit’s relationship with its beneficiaries, volunteers…
Plans change during a divorce. Inheritance, beneficiary and guardianship arrangements that seemed ideal a few years prior suddenly seem unthinkable when faced with an impending and contentious divorce with a soon-to-be ex-spouse. If you are in this situation, there are many reasons to consult an experienced Florida estate planning attorney in addition to an expert…
Previously we have written about using an LLC to invest in Real Estate. However, there are many situations outside of real estate investing in which it makes sense to use the LLC business formation to make investments in company shares, bonds, ETFs and even non-traditional assets such as cryptocurrency. Investing with an LLC can range…
Property management companies need to be aware of the potential areas of risk and exposure in the typical elevator maintenance contract. In general, these contracts renew automatically at the end of each term and there may be little opportunity to renegotiate the contract once it is signed. However, these are often not contracts of adhesion,…
Construction surety bonds are securities issued by an insurer that guarantee financially that a construction company will perform their duties or pay a penalty to the contracting entity. The construction company, which could be a general contractor or subcontractor, is called the principal. The contracting entity, often a government or large corporation, is called the…
A Florida homeowners’ association (HOA) consists of homeowners from a particular geographic area who oversee the rules and regulations regarding what goes on in the community in which they live. HOAs arrange for maintenance of the common areas and they govern the community according to provisions and legal clauses in their bylaws and articles of…
Working closely with a product liability law partner helps you to manage the risks associated with consumer demands and claims against your business. This is true whether you are introducing a new product to the market or managing distribution for a product with a well-established market presence. The product life cycle begins during the research…
In contract law, a breach takes place whenever one of the parties to a contract fails in fulfilling its obligation or obligations as described in the contract. A breach is said to have taken place whether this failure took place partially or wholly. The breaching party might also have communicated an intent to fail the…
updated 11/1/2025 Quick Read Summary (TLDR) Investing as an LLC in Florida offers significant advantages including personal asset protection, pass-through taxation that avoids corporate-level taxes, and no state income tax. LLCs provide flexible management structures and customizable profit-sharing arrangements that make them ideal for various investment strategies. However, investment-only LLCs face limitations including fewer tax…
As stated in Part I of this series in which we discussed finding the right advisors for non-resident alien investors, the State of Florida is a wonderland of real estate investment opportunities. With hundreds of major cities and suburbs to choose from, commercial and residential properties waiting for the right investor abound. However, there are…
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