For those planning to tidy up your estate by going ahead and utilizing your $11 million+ gift tax exemption this year, you may want to acquire and apply some extra drafting talent. A number of proposals are circulating which reduce the exemption to as low as $1 million but the most difficult proposals may be […]
CROWDFUNDING
January 20, 2021 by ·
CROWDFUNDING Perry Douglas West, Esq “Crowdfunding” is essentially raising small amounts of money from a large number of people. Crowdfunding appeared in the 1700’s as loan funds created by donations from wealthy citizens that provided loans to poor but creditworthy people. They have continued through modern day “micro funding” or peer to peer micro […]
3 THINGS TO REMEMBER WHEN YOU ARE IN SEARCH OF A COMMERCIAL LOAN FOR YOUR BUSINESS OR PROJECT
November 9, 2020 by ·
Few things have changed as quickly over the last several years as the landscape for commercial real estate and business loans, the traditional source for these loans being primarily commercial banks. Since long before Covid19, the lingering effects of the 2008 world financial crisis have continued to show themselves in the business and commercial lending […]
3 Tips to Consider when your Condominium Association is Doing a Maintenance or Alteration Project
October 5, 2020 by ·
If your association is looking at doing a maintenance or alteration project, here are 3 Tips for consideration by the Board of Directors and the Unit Owners BEFORE the first square of carpet is removed or the first shovel of dirt dug. First, determine whether the anticipated project is required “maintenance”, or whether it is […]
Community Property Rights in a business, in a non community property state
April 25, 2020 by ·
If you’ve moved that family owned technology or other # business to Florida from a community property state like California or Texas and divorce is rearing its ugly head, you’re going to run into the Florida Uniform Disposition of Community Property Rights at Death Act and its associated case law. Are you prepared?
LLC’s. End of the tunnel or oncoming train…
April 25, 2020 by ·
LLC’s. End of the tunnel or oncoming train… So you thought you handled the issue of organizational risk when you used a Limited Liability Company to start your business… well, maybe not so much. Florida has more than a half dozen general exceptions to the limitation of liability through the use of the limited liability […]
The Greater Good
April 25, 2020 by ·
The Greater Good There is this thought that lingers in those certain moments, that has us asking what we can do or how we can do or use some part of what we are doing for the greater good. We don’t see ourselves diving into or sending our operating assets into that big broad not-for-profit […]
Veteran Owned Small Businesses
April 25, 2020 by ·
Veteran Owned Small Businesses In helping provide small businesses access to the government procurement marketplace the government has created programs for Veteran Owned Small Business (VOSB) and Service-Disabled Veteran Owned Small Business (SDVOSB). These programs provide advantages to veteran owned and controlled small business in the procurement process and follow either VA or SBA rules, […]
Contract Non Compete Clauses
April 25, 2020 by ·
Does Florida’s non compete law pass the truly obnoxious test? In refusing to enforce a Florida non compete agreement, a New York Court of Appeals called Florida’s non compete statute contrary to public policy indicating that it fails the “truly obnoxious test” The Florida Statute provides generally that an agreement not to compete that is […]
