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.
Choosing Trustees, Executors, and Heath Care Surrogates
When you create your estate plan, you will choose people to serve in various roles. Your successor trustee will manage and ultimately distribute the trust assets. If there is a probate estate, your executor (called a personal representative in Florida) will be in...
Lady Bird Deed: Enhanced Life Estate Deed in Florida
As a Florida estate planning attorney and a board certified real estate law attorney, sometimes people ask me to draft a deed to add someone as a co-owner with rights of survivorship or draft a Lady Bird Deed to avoid probate. Changing real estate ownership should not...
Selling a Business – Small Business Succession Planning
Most small business owners are proud of the companies they built with their blood, sweat, and tears. Many feel satisfied about what they have accomplished through hard work, determination, and innovation. As they grow older, they might envision handing the business to...
Family Business: Are Your Children Part of the Succession Plan?
Many small business owners believe their children will continue the family business. Unfortunately, that is not always the case. Let's revisit the scenario of Bob and Beth mentioned in a previous article. Their daughter worked in the business all of her adult life;...
Family Business Succession Planning: Do you have an Exit Strategy?
Small businesses in the U.S. totaled 27.9 million in 2010, according to the U.S. Census Bureau. Many small business owners believe their family owned businesses will somehow continue without interruption regardless of what happens to them, even when they have no...
Estate Planning Strategies for Parents Who Worry About the Future
There are many reasons for creating a trust. They are called children. An estimated 120 million Americans fail to create an estate plan to protect themselves and their families in the event of sickness, accident or untimely death. Parents should have estate plans that...