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People who are creating an estate plan must ensure that they consider every option for getting their assets to their loved ones. While most people focus on wills, trusts shouldn’t be left out of the possibilities. When you’re looking into trusts, you’ll notice that...
Investing in real estate can be a rewarding undertaking, especially when it comes to developing commercial properties that can generate substantial long-term returns. However, commercial real estate development has its fair share of challenges that developers must...
There is a misconception that when a person dies, all their assets are immediately divided among the heirs named in the will. This is far from the truth. Instead, the estate passes into probate, the legal process of managing the assets. Depending on the size and...
Whether you’re in the Boomer generation, Gen X or that in-between Generation Jones (people who grew up in the 1960s and 70s, you may have a healthy amount of assets to include in your estate plan. Some may be assets you’ve worked hard for. Some may have been handed...
Real estate developers in Florida are lauding new legislation that incentivizes the building of affordable housing in the state. This new legislation, the Live Local Act of 2023, changes how Florida handles affordable housing. This law aims to create more homes for...
A business partnership involves at least two partners, although it can be more. The nature of the partnership will depend on the contractual agreement. Nonetheless, whatever structure the partnership takes, all business partners are fiduciaries. This means that they...
Mergers and acquisitions are common in many industries, but they’re always highly unsettling to the employees of the companies involved. Some employees “jump ship” at the first sign of a transition, believing that they need to get out before their job is declared...
Zoning laws mandate what types of development projects can be carried out. When purchasing real estate, it has to be correctly zoned for that specific project. For instance, there are industrial, commercial and residential zones. These are the three main categories,...
You may know that creating a trust can protect your assets and provide for your loved ones after you pass away. But what does it mean to fund the trust? Where do you start? Funding a trust involves transferring ownership of your assets into the trust. It can help to...
Dying without a will, or "intestate," means that your estate will be distributed according to the state's intestate succession laws. These laws determine how your assets will be divided among your surviving family members. Here’s what happens if you pass away without...