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.
What’s Missing From Your LLC’s Operating Agreement? The Crucial Details Most Templates Miss (And Why They Matter)
This article is part of our ongoing series on overlooked but essential elements of a limited liability company (LLC) operating agreement. When forming an LLC, many business owners fall into one of two categories: They do not create an operating agreement at all, or...
The Florida Constitution’s Home Ownership Protections – in Honor of Law Day
This article focuses on The Florida Constitution, and how it provides security to millions of people that own their primary residence, their Homestead, in Florida. May 1, 2025, was Law Day in the United States. Law Day reminds us that many of our shared values are...
What Is a Stock Redemption Agreement and Why Might I Need One?
In a public corporation, shareholders can sell company stock at the current market price at any time. However, selling shares in a privately-held corporation is more complicated because the shares cannot be sold to the general public. Typically, shareholder agreements...
The Substantial Damage Rule and Density Regulations in Commercial Real Estate
For commercial real estate, one critical aspect that often comes into play following natural disasters, such as hurricanes or floods, is the Substantial Damage rule. This rule, coupled with density regulations, often negatively impacts how commercial buildings are...
Self-Directed IRA LLC: Legal Guide to Checkbook Control for Investors
What is a Self-Directed IRA LLC? A Self-Directed IRA LLC, sometimes referred to as a "Checkbook Control IRA" or “IRA LLC”, allows investors to directly manage their IRA investments through an LLC. What are the steps to establish an IRA LLC? Set Up a Self-Directed IRA:...
What Is Missing In Your LLC’s Operating Agreement? LLC Succession Planning
When setting up an LLC, many business owners overlook key parts of their operating agreement. The LLC Operating Agreement is a document that serves as the foundation of your LLC’s internal operations, yet common gaps can leave you vulnerable to legal disputes and...