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How to Dissolve a Business in Florida

How to Dissolve a Business in Florida

Business Law
Starting a business can be one of the most exciting decisions of your life, but many things come to an end. It is important to recognize that dissolving a business is also a major step and can have costly impacts if not done correctly. When the decision has come to dissolve your business, the way in which you do so will depend on the type of organization you have, how many owners there are, what their ownership and contractual rights are, and also local laws and procedures. Connecting with a Boca Raton business law attorney can help to ensure that the process is done correctly, effectively, and completely, so that your risk in dissolving is minimized and the benefit maximized. Winding Up and Filing Paperwork When it comes to partnerships,…
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Choosing the Right Executor for Your Will

Choosing the Right Executor for Your Will

Estate Planning
The executor of your will is the individual who will be responsible for honoring its contents, assessing the property in your estate, resolving debts, and distributing the remaining property as you wish. Knowing who to choose as your executor can be a difficult choice, as it is a great responsibility and can also take quite a bit of time. There are factors you should take into account when choosing an executor, and a Boca Raton estate planning attorney can help with the process. The Fiduciary Duty Executors must abide by a fiduciary duty to the beneficiaries of your estate. This means that they must complete all necessary tasks in a proper manner, manage assets prudently, and abide by the terms of the will. Fiduciaries should never act in a biased…
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How to Start a Business with a Partner

How to Start a Business with a Partner

Business Law
Successfully beginning a partnership depends a lot on the work that you put in ahead of time. The choices that you make in the business formation process could make or break the business. Here are some steps that could help your partnership. Choose the Right Partner You may end up responsible for the other person’s actions in a partnership. Your success depends on them. This is why you need to select a trustworthy partner with whom you work well. Find someone with skills that complement yours. The best thing is to have a track record and history with that person already. You should have an extensive discussion about your values and goals before you go into business with someone because you are bound together. Get Everything in Writing You will…
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Steps to Create an Enforceable Trust

Steps to Create an Enforceable Trust

Estate Planning
Trusts must be properly created in order to be enforceable. There are strict legal requirements. The last thing that you want is to create a trust only to later find out that it is unenforceable. Here are some of the requirements for an enforceable trust. Establish Intent and Purpose to Create a Trust This is one of the easier steps. You can simply state this in the trust document through your words. In addition, the trust must have a valid purpose, such as being part of an estate plan. Have the Proper Testamentary Capacity In order for the trust to be valid, you must not be incapacitated. This means that you are competent and able to enter into a contract. This is why trusts must be set up before you…
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Rear-end Crashes Can Still Cause Serious Injuries

Rear-end Crashes Can Still Cause Serious Injuries

Auto Accidents
Many people associate head-in crashes with the most serious injuries and think of rear-end crashes as more minor. The reality is somewhat different. Drivers can suffer life-altering injuries in these accidents. One of the most common injuries in rear-end crashes is whiplash. Do not let the common nature of this injury lead you to believe that it is minor. Whiplash can cause both head and neck injuries that require intensive treatment. Even worse, whiplash can cause the brain to move inside the skull, leading to a traumatic brain injury. In some cases, this can result in permanent brain damage. In addition, this could require surgery and physical therapy to treat the injuries. These Can Be Dangerous Crashes Oftentimes, rear-end accidents will occur at a high speed. A common cause is…
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Resolving a Vendor Dispute

Resolving a Vendor Dispute

business law FAQ
Many businesses rely on vendors to succeed. Vendors might deliver produce to a restaurant, building materials to a construction site, or provide maintenance and cleaning services to a commercial building. No matter what type of vendors you work with, it can cause serious disruptions and possible losses if your vendor fails to fulfill their obligations as agreed. Vendors might deliver late, deliver the wrong items, only partially fulfill an order, or otherwise not provide your company with the goods and services it needs. This, in turn, can prevent you from fulfilling your promises to clients and customers, which can be costly - both financially and to your reputation. It is important to resolve vendor disputes right away and ensure you minimize your losses. Our Boca Raton contract dispute attorneys can…
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Should You Form a Trust?

Should You Form a Trust?

Estate Planning
You have likely heard of a living trust, but perhaps you never considered whether a trust would benefit you and your family. Trusts are legal tools that many people use to achieve various estate planning goals, and the best way to know whether a trust is right for you is to consult with an experienced Boca Raton estate planning attorney. Benefits of a Trust A living trust can have many estate planning benefits, such as: Avoiding probate - Any property or assets held in trust are not required to go through the probate process. Instead, the successor trustee who you designate can distribute the property straight from the trust according to your instructions. This can simplify the probate process for your family members significantly. Greater control over distributions - When…
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Seek Medical Treatment after a Slip and Fall

Seek Medical Treatment after a Slip and Fall

Personal Injury Attorney
One minute, you might be shopping for groceries for dinner, and the next moment, you might be on the floor of the grocery store in excruciating pain. Slip and fall accidents happen to millions of people each year, many of whom suffer serious injuries that can have a lasting impact. If your slip and fall happened because of hazards allowed in a store or another business, that company should be liable for your losses. However, in order to protect your health and your legal rights, it is important that you seek proper medical treatment following a slip and fall. If you are seriously injured, call 911, and paramedics can take you to the emergency room in an ambulance if needed. Even if you do not need emergency transportation, you should…
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Components of a Comprehensive Estate Plan

Components of a Comprehensive Estate Plan

Estate Planning
An estate plan is not fully effective unless it is comprehensive. Finding out too late that something is missing could cause legal issues for your family. Here is what you need for a comprehensive estate plan. Wills Your will specifies the division of your assets after you die. It is the governing document that expresses your own wishes. Without it, the court would decide who gets what from your estate.  This is perhaps the key piece of estate planning that nobody can be without. The will could also cover things like your funeral plan and your wishes for your children. Power of Attorney Your estate plan does not just take over when you die. It also helps your family as you are no longer able to make decisions. A power…
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Planning a Road Trip? Know the Accident Risks

Planning a Road Trip? Know the Accident Risks

Auto Accidents
Road trips can form the basis of personal memories that last a lifetime. However, there are also risks involved when you are spending long amounts of time on the open road. Here are a few. Distracted Driving When you are on the highways for extended periods, chances are that a distracted driver may put you at risk. Some drivers think that a long car trip gives them an opening to check a text or an email behind the wheel. In the few seconds that they look away from the road, their car can travel the length of a football field. They could either drift from their lane or lose the valuable split second that it takes to stop and avoid an accident. Distracted driving is not just texting. It could…
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