How To Dissolve an Irrevocable Trust in Florida?
In Florida, trusts are legal arrangements utilized to fulfill a vast array of purposes, including minimizing estate taxes, passing property to beneficiaries outside of probate, and saving money on related expenses (e.g., court fees). In this sense, irrevocable trusts...
What Will the Surviving Spouse Inherit in Florida?
Estate planning is a crucial yet underrated aspect of everybody’s lives. Many people think that they do not need a will or a trust as they assume their spouse would automatically inherit their individual property and assets upon their death. Nonetheless, this...
EB-1A Visa Application Process 2021: What You Need to Know
In the United States, there is a saying that “everybody loves a winner,” and it could not be more accurate. Individuals with extraordinary abilities have the opportunity to live and work in the United States legally by obtaining an EB-1A visa. In this...
Are Assets in a Trust Protected From a Lawsuit?
In Florida, it is almost impossible to dissociate the terms “trust” and “asset protection” when talking about legal strategies to protect personal property and assets from lawsuits. In this article, you will discover if assets held in a trust...
How Much Investment Is Required for E2 Visas and How to Prove It?
An E-2 visa can be an excellent choice for foreign entrepreneurs and investors who are willing to put a substantial amount of money to obtain an E-2 visa. According to statistics of the US Department of State, the average approval rate over the past five years is 80%....
Requirements for a Valid Will and Self-Proving Will – Q&A
Most people do not take time to think about how their estate will be treated upon their death. In Florida, many individuals die without having a will in place, causing unnecessary stress for their loved ones. Plus, failing to structure a valid will means that the...
Pros and Cons of C-Corporations: A Proper Balance
C-corporations are one of the most common business structures in the United States. In Florida, many entrepreneurs opt to form c-corporations as they are separate legal entities set up under state law that offer optimal asset protection and limited liability. In this...
Difference Between Franchise Disclosure Document and Franchise Agreement
Franchising can be a good endeavor for entrepreneurs who want to invest money in an existing business model and gain an immediate competitive edge. The impact of franchising can be felt in several business segments in the US economy. However, nowadays the franchising...