by Howard C. Stross | Nov 30, 2022 | Business Law, Business Succession Planning, LLC, Small Business
If the sole member of a single member limited liability company (SMLLC) established under Florida law dies, the SMLLC must dissolve and wind up its affairs unless the operating agreement provides for a different result. This is a huge reason why even a SMLLC should...
by Howard C. Stross | Nov 14, 2022 | Commercial Real Estate, Real Estate, Real Estate Closings
Probably the two most widely used types of conveyances in Florida are the General Warranty Deed and the Special Warranty Deed. What is the difference between these two widely used types of conveyances in Florida? What do the two types of conveyances have in common?...
by Howard C. Stross | Oct 26, 2022 | Asset Protection, Business Law, LLC, Real Estate, Small Business
To avoid probate with a trust-based estate plan, ownership of real estate must be transferred so it is an asset of the trust. In asset protection planning, ownership of real estate might be transferred to a legal entity such as a limited liability company (LLC)....
by Howard C. Stross | Oct 5, 2022 | Asset Protection, Estate Planning
How well do your children and grandchildren get along with each other? Do they seem to have friendly differences or do they argue at every family gathering? If you notice family members don’t get along well, your heirs may argue and fight over your estate when you...
by Howard C. Stross | May 11, 2022 | Business Law, Business Succession Planning
Business owners can be so concerned with day-to-day operations they fail to prepare for the inevitable day when they can no longer run their business. “Someday I’ll get to it.” Someday is now. There always seems to be time until there is no more...