Choosing your business structure affects a number of things, including your personal liability, tax structure and more. Many business owners decide to incorporate in Miami, FL. While you can do it on your own, it’s wise to work with a corporate attorney. This will ensure that all the paperwork is done properly, and both your business and personal assets will be protected. Here’s an overview of the incorporation process. Choose the right type of corporation First, you need to decide which type of corporation is right for your business: S corporation: This business entity allows the corporate tax returns to... View Article
The rise of cryptocurrency has given estate planning attorneys in Miami, FL something new to be concerned about: what are the best practices when leaving your digital investments to your heirs? Too many people have belatedly found out that their loved ones have died with Bitcoin and other cryptocurrency, now worth millions, with no way to access it. Alternatively, they may never realize that the deceased owned any cryptocurrency at all. Whether you’re a seasoned cryptocurrency investor or just dabbling, it’s important to work with an estate planning attorney. Don’t risk letting your investments languish in inaccessibility. Put your cryptocurrency... View Article
Any time you transfer property, whether buying, selling or inheriting, you’ll deal with a deed. A real estate deed is a legally binding instrument that determines title and ownership. There are several types of real estate deeds that you can use in Miami, FL. Since not every deed is appropriate for every situation, it’s important that you consult a real estate attorney before transferring property. Otherwise, you could run into issues that affect who legally owns the property. Here’s an overview of the main types of real estate deeds: General warranty: General warranty deeds are the most common type of... View Article
If estate planning in Miami, FL has been on your mind lately, you might have considered putting your house into a trust. There are many different ways in which you can dispose of your property or ensure its easy transfer, and a trust is one of the most popular. Even if you’re young and healthy, it’s smart to start estate planning now—you never know what life has in store, and it’s important to protect your family if something were to incapacitate you. Here’s a brief overview of what it means to put your house in a trust. Why should I... View Article
Even if you have perfect credit, a paid-off home and no plans to engage in any high-risk activities, you can still lose all your assets. Anyone can be sued, which means your personal assets can be seized to pay those bills in the event you’re hit with a lawsuit. That’s why asset planning and protection in Miami, FL is so important. Here are our best tips to protect your hard-earned assets. What is asset protection? Asset protection is a term for using legal structures to protect your home, car, bank accounts and other assets from being seized to pay off... View Article
