Optimizing Tax Structures for Family Offices

What is a Family Office? Family offices have become an integral part of the wealth management toolkit for ultra-high-net-worth families. Experts estimate there are now between 3,000 and 5,000 single-family offices in the United States, growth that has occurred in just the last two decades. While other wealth management vehicles are advantageous for certain ultra-high-net-worth […]

How a Separation Agreement Attorney Can Safeguard Your Rights

The Basics of Separation Agreements A separation agreement is a written contract between a husband and a wife that governs certain rights and obligations that will be effective upon the date that the parties separate. Generally, a separation agreement should be drafted prior to the time that a Complaint in Divorce is filed with the […]

Termination Letter: A Guide to Legally Ending Contracts

What is a Termination Letter? A termination letter is a formal, legal document that ends a contract between parties. It is an important aspect of contract formation and closeout since it is how it is only through a termination letter that all parties are formally notified to what extent the contract has been terminated and […]

Understanding California’s Exit Tax Landscape: How It Affects You

What Is an Exit Tax? Exit taxes are taxes levied by a state on taxpayers who are moving out of that state, generally to recapture some of the tax benefit the taxpayer has received while a resident of that state. The theory is that the taxpayer has enjoyed the benefits of reduced state taxes for […]

All About Florida’s Motorized Scooter Laws: The Ultimate Guide

Florida laws regarding motorized scooters One of the quickest and most convenient ways to get around is to use a motorized scooter. Typically, a motorized scooter is aimed at providing mobility to disabled adults but, in reality, both disabled and able-bodied adults use these devices . While there are all sorts of scooters, from inexpensive […]

Contracts 101 for Paralegals: Highlights from the 10th Edition

What Is Contract Law? As a paralegal working with a variety of clients, it is essential to have a general understanding of contract law. Contract law deals with what makes a contract enforceable—what is required for there to be a valid contract and what happens if there is a breach, or violation, of the agreement. […]

Navigating the Lavender Law Conference: A Gathering Place for LGBTQ+ Lawyers

Lavender Law: An Overview The Lavender Law Conference is an annual legal convention coordinated by the National LGBTQ+ Bar Association, a non-profit 501(c)(3) organization that promotes LGBTQ+ equality in the law and the legal profession. Founded in 1989, the National LGBTQ+ Bar Association strives to connect and empower LGBTQ+ legal professionals and to help them […]

Ohio LLC Operating Agreement Samples Explained

What is an LLC Operating Agreement? An operating agreement for a Limited Liability Company (LLC) is a binding contract among the members or managers of an LLC that outlines the rights and obligations between the members , as well as the management structure of the LLC. The operating agreement is essential to the management of […]

Essential Prenup Clauses You Must Have

An Overview of a Prenup A prenuptial agreement (commonly referred to as a premarital agreement or prenup) is an agreement entered into before marriage pursuant to which a person’s rights to property acquired during marriage can be altered after the marriage is dissolved. Generally, a prenuptial agreement addresses the distribution of property, alimony, and a […]

The 65% Florida Prisoner Law: What’s Happening and Why

How the 65% Prisoner Law Works The ultimate goal of the 65% law for prisoners was to: "[H]ave more money available to protect children." Florida Governor Charlie Crist said the following about the 65% law: "A law that sends a very clear message that this is a state where we value our children’s lives. And […]