Now that we are into the New Year and the dust is beginning to settle, it is becoming apparent that residential real estate prices reached their peak late last year. In fact, now we are experiencing housing prices decline in many residential real estate markets in South Florida. The real culprit for prices not lowering quicker is the fact that […]
In the ever-shifting economic landscape, let’s delve into a unique legal tool in Florida’s estate planning toolkit – the Lady Bird Deed. This legal gem empowers homeowners to maintain control of their property while seamlessly passing it on to chosen beneficiaries, all without the probate puzzle. So, what’s the Lady Bird Deed all about? In essence, it creates a dual […]
The federal government is requiring a new “beneficial ownership” information reporting requirement that will affect millions of corporate entities to be formed and previously formed. While Congress initially passed this requirement in the Corporate Transparency Act in 2021, the law will take effect on January 1, 2024. This Act will create new obligations for the smallest private companies to report […]
South Florida homeowners have plenty to face from substantially high assessments to insurance issues. First, many condo owners are dealing with significant condo assessments due to new state laws that require condominiums, every few decades, to re-assess their structures and make sure that such structures remain sound. As a result, many condominium associations are assessing high amounts to these homeowners, […]