Tag: Florida

Prenups Have A Bad Rap

Do you think a prenuptial agreement means you and your significant other won’t live happily ever after? I’m sure we all know the reputation that prenuptial agreements have gotten over the years. They are unromantic. The party wanting a prenup doesn’t really want to get married. Prenuptial agreements are made only with the anticipation that…

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When is the Right Time for Estate Planning?

Is Estate Planning Important? The process of estate planning is more than just creating a will. Effective estate planning is vitally important. Estate planning minimizes income and estate taxes while also providing answers to questions regarding protecting your assets, medical treatment if you become incapacitated, and ensures money for anticipated expenses following your death. There is…

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Rebuilding after Irma & Harvey

Florida is beautiful, but it is also very vulnerable. While we don’t have state income tax, it’s expensive for Florida businesses and individuals to recover from a natural disaster. Citigroup estimates the economic damage from Hurricane Irma is about $50 billion, which is much lower than pre-storm estimates. Although most Floridians made it through the storm…

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Investing in Florida

Generally, there are five types of corporations in Florida: C corporations, S corporations, Limited Liability Corporations, Partnerships, and Sole Proprietorships. Florida LLC What is it? The three letters “LLC” go at the end of a limited liability company’s name and actually become part of its official name. A limited liability company is a legal entity…

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