For those who are looking to make adjustments to real estate contracts due to the ongoing pandemic, Florida Realtors released a new contract extension addendum that allows you to adjust dates and time periods.
Marriage isn’t what it used to be. Marriage rates have fallen and, according to the U.S. Census Bureau, the number of U.S. adults in cohabitating, but not married, relationships has risen 29% since 2007. The law favors marriage heavily when it comes to managing assets, so it is essential that unmarried couples organize their assets in case of sudden incapacitation or death. Below are some tips to consider when thinking about estate planning for unmarried couples.
Starting a new business is a risk for both the ownership group and potential employees. It may be difficult to ask for a commitment from employees when there is no guarantee their jobs will be there long term. One way to provide an incentive for high performing talent is to issue equity, or ownership, in the company. Here are some items to think about how to give employees equity in a start-up. Continue reading
As of January 1, 2020, the Florida legislature reduced the state commercial rental tax from 5.7% to 5.5%. This adjustment affects the sales tax that commercial real estate owners charge and receive from tenants including commercial office space, retail, warehouses and specific self-storage units. Note that it only applies for rental periods that begin on or after January 1, 2020.
Do-it-yourself (DIY) will kits are becoming more common every day. Thousands of people have flocked to websites offering a quick, easy and affordable will and testament. It sounds simple enough- a will that you can create on your own without the need for a lawyer. However, the peace of mind that you should have after signing your DIY will kit may be fool’s gold- if you even remember to sign it.