by Howard C. Stross | May 22, 2023 | Asset Protection, Real Estate
Florida’s Constitution protects homestead property from creditors, restricts who and how one may receive the homestead at the owner’s death, exempts the homestead from some real estate tax, and caps annual tax assessment increases at three percent or the CPI whichever... 
by Howard C. Stross | Mar 22, 2023 | Business Law, Commercial Real Estate, LLC, Small Business
Before you become a “minority” owner of a business, here’s what to consider… A business is “closely-held” when ownership is severely limited and those limitations extend to an owner’s ability to withdraw their investment and “retire”. A... 
by Howard C. Stross | Jan 30, 2023 | Business Law, Business Succession Planning, Estate Planning, LLC, Small Business
The limited liability company (LLC) is a popular business structure that offers liability protection and avoidance of double taxation. Trusts are popular asset transfer vehicles that allow you to avoid probate and some trusts act as asset protective devices. By... 
by Howard C. Stross | Jan 11, 2023 | Business Law, LLC, Small Business
Estate planning and business law attorneys often advise their clients to form a limited liability company (LLC). An LLC provides flexibility and another level of asset preservation for the LLC’s owners/members. There are usually at least six steps to properly... 
by Howard C. Stross | Dec 29, 2022 | Estate Planning, Probate, Trust Administration
An estate plan will benefit your unique situation and address your specific concerns. When reviewing your situation, remember the situations below, any of which is reason alone to create or update your estate plan: You have or plan to have minor children. What is your...
