Nov 172011
 
Estate Planning For Unmarried Couples

It today’s America, the number of partners who choose to live together without going through the process of establishing a legal union is on the rise.  There are a number of reasons that more people are choosing to stay unmarried these days.  For example, the recent economic downturn has made many couples more hesitant to take big steps in their lives, as they prefer to wait until the turbulence has subsided.  Also, homosexual couples do not have the right to get married in many states, including Florida.  Finally, one or both partners may be receiving financial assistance that they cannot More…

Nov 152011
 
Proper Estate Planning Is Not Just For Celebrities

Over the past week, the news outlets have been abuzz with the story of Kim Kardashian and her 72 days of marital bliss, now a distant memory.  As the trendy couple prepares to untie the knot, we are once again reminded of the necessity of proper estate planning. Marriage, whether for a day or for a lifetime, is a significant life event that often encourages attention to important matters such as estate planning.  For many newlywed couples, the act of getting married can spur a flurry of “mature” activities, such as buying a house, obtaining steady employment, and finally scheduling More…

Nov 102011
 
The Benefit Of Converting A Florida Corporation Into An LLC

Previously, we published a blog detailing the 2011 Florida legislation which established that a charging order is the sole remedy available to a creditor who holds a judgment against a member of a multiple member LLC.  Following this development, the use of a Florida multiple member LLC to obtain asset protection now appears to be a well-established facet of Florida law.  Conversely, stock ownership in a Florida corporation is freely attachable by an individual’s creditors.  These asset protection benefits, along with the flexibility of the Florida LLC statutes and the lower general cost to operate a Florida LLC when compared with More…

Nov 072011
 
LegalZoom Reaches Settlement In Class Action Lawsuit

The online company LegalZoom has reached a settlement with plaintiffs regarding a class action lawsuit filed in Missouri.  LegalZoom.com is one of the largest online legal document preparation services and frequently provides estate planning, business formation, and intellectual property documents to customers across the United States.  The plaintiffs, all Missouri residents, argued that the company violated Missouri’s unauthorized practice of law statute when it sold them legal documents generated on its website.  They also claim that the company violated Missouri’s Merchandising Practices Act by enticing customers to buy its services with false representations about their legality and validity. Although LegalZoom More…