Creating a joint ventures in Florida requires careful attention to legal structure, documentation, and regulatory compliance. Understanding available options helps businesses choose arrangements that best serve their goals while protecting their interests. Because of the potential complexities of managing a joint venture between companies that do not share a balance sheet, it is recommended that…
Florida’s waterways attract millions of recreational users annually, but water activity injuries caused by boating, paddleboarding, jet skiing, and cruising can be life changing. Understanding available legal remedies helps victims protect their rights and seek appropriate compensation. Maritime Law Application The Florida Bar’s maritime law section explains that water-related accidents often involve complex jurisdictional issues….
Florida law provides specific procedures homeowners associations must follow when filing liens against property owners. While determining how to file a lien, understanding these requirements helps associations protect their interests while complying with legal obligations. Pre-Lien Requirements Before filing a lien, Chapter 720 of Florida Statutes requires associations to follow specific preliminary steps. The process…
Recent tort reform in Florida has significantly altered the personal injury litigation landscape. These reforms, outlined in the amended Chapter 768 of Florida Statutes, create new challenges for injury victims seeking fair compensation. Insurance Company Advantages Recent reforms provide insurance companies and self-insured corporations with enhanced abilities to delay, deny, and defend against claims. These…
Understanding how real estate income affects Florida Medicaid eligibility is important information for Florida property investors over 65. The Florida Agency for Health Care Administration sets specific guidelines for income and asset limits that determine eligibility. Income Considerations The Florida Department of Children and Families evaluates all sources of income when determining Medicaid eligibility. For…
Selling property without a real estate agent in Florida requires careful attention to numerous legal and practical requirements. While saving on commission costs attracts many sellers to the For Sale By Owner (FSBO) approach, paying close attention to 10 key areas can help avoid costly mistakes. 1. Pricing Strategy Setting the right price requires more…
When a debtor files for bankruptcy, many creditors assume their chances of collection have vanished. However, several options remain available to businesses seeking to recover their debts. Successfully collecting from bankrupt debtors in Florida requires an understanding of bankruptcy procedures and creditor rights. Understanding the Automatic Stay The moment a debtor files bankruptcy, an “automatic…
When construction companies run into construction payment disputes with Florida-based general contractors or developers, there are several legal remedies available. Knowing these options can help companies protect themselves and get paid for the work they’ve done. Construction Lien Rights Florida’s Construction Lien Law, found in Chapter 713 of Florida Statutes, provides powerful tools for securing…
Florida businesses face several significant regulatory changes in 2025, including new federal reporting requirements, wage increases, and local tax obligations. Understanding and complying with legal requirements for Florida businesses is essential for doing business in the state. Beneficial Ownership Information Reporting Depending on pending legislation, many U.S. businesses may be required to file Beneficial Ownership…
Life insurance plays a vital role in Florida estate planning. When properly structured, life insurance can provide liquidity for estate taxes, create wealth for future generations, and offer tax advantages. Understanding available strategies helps Florida residents make informed decisions about incorporating life insurance into their estate plans. 1. Irrevocable Life Insurance Trusts (ILITs) One of…
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