Going through a divorce could be an incredibly stressful time for both spouses. Some may want to end the proceedings without delay, although they likely want the best settlement agreement. Hopefully, one way to move things forward in a Florida family court involves...
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Year: 2022
Paying child support in Florida
Child support is the financial support that one parent pays to another parent to meet a child's basic needs. Usually, the noncustodial parent will pay the parent who has physical custody of the child. This form of support can be administratively ordered or mandated by...
The advantages and disadvantages of a living trust
A living trust is similar to yet distinctively separate from a will. If you don't know much about using a living trust in Florida could be wrong, learn the basic advantages and disadvantages of taking on this responsibility. Pros The biggest benefit of a living trust...
What to expect during a home inspection
Are you getting ready to buy a new home in Florida? This can be one of the most exciting times of your life. There are a few crucial details that you will need to keep in mind. One of them is making sure that every detail of your new home is in good order. Here is...
What is the difference between an S and C corporation?
If you want to incorporate your company in Florida, there are a few types of corporations to choose from. An S corporation is a pass-through entity, which means it doesn't pay taxes on income. It pays a salary to employees and individual income tax on the salary. C...
Would you benefit from a postnuptial agreement?
Life is unpredictable, and while no one enters a marriage assuming the relationship will end at some point in the future, it may be helpful to prepare for this contingency. Many Florida couples find the thought of drafting a prenuptial agreement either unnecessary or...
What are the pros and cons of choosing corporate fiduciaries?
A corporate fiduciary is a company you can hire to serve as your estate's executor. Independent trust companies and banks may offer this service in Florida. You should consider the pros and cons of choosing a corporate fiduciary before coming to a final decision on...
What rights do heirs have to an estate in Florida?
When someone dies, their estate goes through a legal process known as probate. During this time, the heirs to the estate must take steps to ensure that they receive what is rightfully theirs. In Florida, there are specific laws in place that dictate how the probate...
What happens to your IRA in a child support case?
Florida law generally requires parents to provide financial support for their children after a separation or divorce. If you fail to make child support payments as ordered, you may be subject to wage or other types of garnishments. Depending on the details of your...
Wills, trusts and estate planning in Florida
Estate planning is a confusing topic to many people, and it's often hard for them to understand the differences between wills, trusts, and the concept of estate planning itself. Here's what you need to know. What is estate planning? Estate planning is the process of...