What Happens to a Power of Attorney After Death?
In Florida, a power of attorney ends after the death of the principal. A power of attorney is a legal document provided by Chapter 709 of Florida law that allows one person (called a “principal”)…
In Florida, a power of attorney ends after the death of the principal. A power of attorney is a legal document provided by Chapter 709 of Florida law that allows one person (called a “principal”)…
Sometimes clients want to know if their employee benefits can be subject to wage garnishment. The answer is no. Employee benefits cannot be garnished through a wage garnishment in Florida. Court Interpretation Florida courts have…
What Is a Living Will in Florida? In Florida, a living will is a legal document that allows an individual to state their wishes regarding medical treatment in situations where they are unable to make…
Suppose an employee has a stock purchase plan with his employer under IRS Code 423. The employer’s stock is publically traded. The plan gives the employee the option to receive stock in the employer company…
What Is the Florida Homestead Law? The Florida homestead law protects a Florida resident’s primary residence from judgment creditors. The law exempts an unlimited amount of equity in their homestead property. It prevents the forced…
A judgment is the final decision in a civil case that involves one party’s monetary claim against another party. The court’s final judgment establishes liability and damages, the amount of money, if any, that the…
Tenants by entireties bank accounts can be tricky. Florida law provides that a joint marital bank account is presumed to be an exempt tenancy by entireties account unless there is contrary evidence. The issue is…
Inheritance of a Florida homestead is fast and easy. A Florida homestead is not subject to probate. Probate proceedings involve only assets subject to creditor claims. The Florida homestead is exempt from creditors, so it…
Asset protection for doctors often begins after the threat of a medical malpractice claim. A threatened claim is one of the most serious and stressful events for a physician. Often a doctor first finds out about a…
What is an S Corp? Some people set up offshore LLCs and foreign trusts to protect their ownership in a U.S.-based business. Most small businesses, whether they be corporations or limited liability companies, are arranged…