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.
Beyond Wills: The Modern Approach to Estate Planning in Florida
When it comes to estate planning in Florida, it's essential to recognize that the strategies of the past might not provide the protection your estate needs in today's complex world. While traditional estate planning tools like wills and beneficiary designations have...
What Happens To Your Homestead Tax Exemption If You Rent Part Of Your Florida Home?
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...
Is it a good idea to become a “Minority” owner of a 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 "minority owner" owns less than...
Why You Should Consider Putting Your LLC into a Trust
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...
What Are The Steps to Establish An LLC In Florida?
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...
Five Life Situations Compelling You to Have an Estate Plan
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...