If you have been struggling with understanding specifications and guidelines for categorizing estate assets in Florida, you have landed at the right place. Depending on how complex the estate is, your experience could range from smooth-sailing, straightforward processes to maddening paperwork and other procedures. Here we break down the process, just as Fort Myers Real [...]
Looking for Fort Myers Real Estate Attorney in Florida to help you transfer estate assets in Florida? Several factors come into play when you transfer estate in Florida. These factors range from your marital status, the number of children you have to the size of your estate, and play a critical role in deciding the [...]
When we talk about asset protection, it refers to a set of laws, techniques, and strategies aimed at protecting your assets against the claims of creditors who may attempt to seize your assets. Thankfully, Florida state law has strong creditor protection provisions, especially in the real estate sector. If you are looking to protect your [...]
By: Ned Hale, Attorney/Owner at Hale Law Group, P.A., Fort Myers, FL Board Certified in Real Estate by the Florida Bar Advantages: -Easy. No documents to prepare. This is the “default” ownership method when two or more people jointly own real estate. -Ownership shares can be unequal—i.e., one person can own, say, 60% and the other 40% [...]
The real estate landscape in Florida has changed quite a lot over the years. Buying and selling a house requires a lot of paperwork. Also, it is often the most expensive purchase, which is why you need to get every detail right. While Florida is a great place to buy properties, regulatory changes have made [...]
Real Estate licensees frequently ask their legal counsel of board certified attorneys if they can be personally sued by a party to a sales contract or a lease. Surely, these licensees reason, they can’t be sued personally – they are working for a company, after all, and isn’t limited liability the main benefit of working [...]
Albert Einstein once said that “The only reason for time is so that everything doesn’t happen at once.” That may be true, but when you are working on a deal, it can seem like weeks go by with no activity—and then, suddenly, everything does happen at once. This is why qualified real estate lawyers believe [...]
By: Ned Hale, Attorney/Owner at Hale Law Group, P.A., Fort Myers, FL Board Certified in Real Estate by the Florida Bar Sole Ownership: Advantages: -Easy. No documents to prepare. Disadvantages: -No asset protection—creditors can seize the property unless it is homesteaded. -Property passes through probate if owned at death, which can lead to delays and costs. [...]
Our lawyers in Fort Myers are well-versed in business law and can offer reliable services. Read on to learn what they have to say about the “Mirror Image” rule. The "Mirror Image Rule" is a very important component of Florida Law. What it means is that during the offer/counteroffer/countercounteroffer, etc. process, be sure both the buyer [...]
Advantages: -The surviving joint tenant(s) automatically receive the deceased joint tenant’s share. In other words, “survivor(s) take all”, regardless of what one’s will says. Avoids probate for that asset. -All owners have the right of possession of the entire property. -Easy. Only need to make sure the deed reads: “As Joint Tenants With Right of Survivorship.” Disadvantages: -Only natural [...]