Recent News
Blog articles from the attorneys at Stross Law Firm, P.A. with topics related to estate planning, business law, real estate, probate and trust administration.
How Business Owners Can Avoid Deadlocks in Decision Making
Are you considering starting a business with a friend or family member? If operating as a limited liability company (LLC), a well-drafted LLC operating agreement will be crucial to memorialize your economic agreement, organizational structure, and key terms, and...
Limited Liability Companies & Corporations – What’s the Difference?
When starting a business, a business owner must first choose which type of entity to create. Two of the most popular entity types are the limited liability company (LLC) and the corporation. Choosing between these two types of entities can be difficult for business...
How to Own Your Real Estate
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the real estate you own. Below we consider the different types of real estate and offer...
“Gross-Up” Language in Your Commercial Real Estate Lease
This post summarizes some basics of “Gross-Up” requirements in dealing with the payment of a building’s operating expenses, i.e. the building that is the subject of a proposed commercial real estate lease. It is common for a commercial lease to require a tenant to pay...
Thirteen Estate Planning Terms You Need to Know
In honor of Estate Planning week, the week of October 19, 2020, we are providing a crib sheet for knowing the definition of and referring to common estate planning terms. Estate Planning is an important tool, not just for the ultra-wealthy or those thinking about...
What Not to Sign at Closing
If you are presented with a document at closing you feel may be a release of liability, do not sign it. Contact your attorney instead. There are many documents a buyer must sign in most real estate transactions. Almost all of the documents have a valid purpose....