by Howard C. Stross | Dec 1, 2014 | Business Law
Many people want to set up a limited liability company, commonly known as an LLC, in order to protect their assets. However, an LLC is not a foolproof asset protection device. Well-intentioned people, in the attempt to lawfully protect their assets when they purchase... by Howard C. Stross | Nov 17, 2014 | Estate Planning
The season of giving is approaching. As part of your year-end planning, you may be considering making some significant gifts. You should consider the consequences of making lifetime gifts now versus your beneficiaries receiving gifts after you have passed away. This... by Howard C. Stross | Nov 4, 2014 | Real Estate Closings
A full-time real estate flipper, or what the IRS considers full-time, may not qualify for the lower capital gain tax rate and instead be taxed at the ordinary income tax rate. A real estate flipper buys real estate, rehabs it and then sells within a short time. It is... by Howard C. Stross | Oct 29, 2014 | Estate Planning
One of the advantages of using a living trust, instead of a will, is that it gives your family more privacy. After your death, Florida law requires that your last will and testament be filed with the local clerk of court. Once a will has been filed, it is a matter of... by Howard C. Stross | Oct 13, 2014 | Commercial Real Estate
A properly drafted commercial lease should address who is responsible for repairs and maintenance. If the commercial lease does not include this, Florida law in Chapter 83, Florida Statutes, tells us who is responsible. If landlord has the duty to repair under a...
