Frequently Asked Questions
Each structure provides its own benefits. How one is ultimately better than another is dependent on your individual needs and requirements. An attorney can best determine which structure is right for your business.
No. An LLC is actually a partnership with corporate characteristics.
Yes, however, some of the protections may be limited in comparison to a multi-member LLC. Additionally, single member LLC’s (LLC owned by just one owner) are disregarded entities for tax purposes and file as a sole proprietorship.
Yes. Managers can be members, which usually makes the LLC a member-managed company.
Only members who are also managers can have access to the bank accounts. Also, managers who are not members will have access to the bank accounts.
Transferability of ownership means the ability to exchange ownership interest in a business. Generally, corporations provide for greater transferability of ownership instead of LLC’s. Therefore, if transferability of ownership is important then a corporation may be a better option.
Generally, speaking whenever a business relationship is entered (large or small) it should be in writing and agreed/signed by all parties involved.
A contract should contain the essential terms such as what is to be performed by both parties with as much specificity as possible along with a time frame if necessary. If sale of goods is involved, then the quantity of goods should be included.
Absolutely. Generally, while the “at will” state allows an employer to terminate an employee for no cause, an employee can still raid the company of its confidential information, client lists, and any other piece of information made privy to the employee by way of his/her employment absent an agreement.
Generally, if another party does not adhere to their part in the contract the party is in breach. At this point, the non-breaching party has some options and should speak to an attorney to learn of his/her rights.
Under certain circumstances a contract may be rescinded. Should you wish to know if your circumstance justifies a rescission, speak with one of our attorneys.
Attorneys provide a great deal of knowledge and expertise in terms of drafting contracts. While you may have some knowledge of the transactions, attorneys have the ability to handle any issues that may arise. Ask yourself, is it worth losing more than just some business?
Generally, an attorney should be involved after a buyer and a seller have been located.
Generally, a quit claim deed only provides ownership from the grantor of the prior deed. A quit claim deed provides the property and title “as is.” Therefore, if the property has any encumbrances these are the responsibilities of the buyer.
Generally, a written lease contract regardless of the time frame so as to protect you from other issues such as problems with the condition of the property and remedies for any issues that may arise.
Normally, can hold your security deposit between 15-30 days following the termination of the lease depending on whether the landlord wished to place a claim on the deposit.
No. A security deposit is a fund used to protect the landlord from damages to the property, outside of wear and tear, caused by the tenant. The landlord may, following the termination of the lease, place a claim on the deposit to repair damage to the property left by the tenant so long as the tenant receives substantiated proof of the damage.
This warranty is designed to ensure the landlord provides a habitable property. If not, the tenant has remedies. Speak to one of our attorneys for more information.
Definitely, communicating with your heirs about your intentions now can avoid leaving issues and arguments after your passing which may be resolved today.
Generally speaking, it is recommended to have a will as part of your estate planning process. A will can devise property not contemplated or included in the trust.
A trust is not necessarily an element needed in your estate planning process but may be important. You should consider speaking to one of our attorneys to determine whether this is an element you should consider in estate plan.
Normally, these types of arrangements automatically transfer title to the other owners listed on the particular property.
Absent a change in the tax code, your estate may be subject to estate tax. Such an important factor should be considered when planning out your estate.
It may be recommended to gift a portion of your assets while living. You should consider speaking to one of our attorneys to determine if such should be done with your own assets.
Yes, our first consultation is free up to one hour. However, any subsequent consultation shall be charged at our firm’s hourly rate.
Our firm can provide many services for your business. Contact us and let us show you what we can do for you!
Definitely, while we would need to speak initially, we are available via email for any questions you may have. Just email us at email@example.com.
You can setup an appointment by either calling or sending us an email. You may even come in person to setup an appointment.
We have offices located in Miami, FL. However, we transact business we can throughout the world. Therefore, so long as your issues are within the state of Florida, we can assist you.
Depending on availability, we do accept walk-ins. However, we recommend setting appointment to ensure our attorneys can provide you dedicated attention.
For our firm to properly represent, we will need to speak with you and here of your situation in order to best determine the proper course of action.
Absolutely, we represent both individuals and businesses in a wide array of issues. Contact us to see how we may help you.
A public adjuster is a licensed individual who can properly assess the damage to a loss occurring on your property.
Generally, when your claim is denied you have certain options at your disposal. Contact our office to determine what options are available to you.
It may be possible to collect the remaining portion of your claim not paid by the insurance company. Contact our office to see if such a possibility exists.
Regarding your public adjuster, you may wish to speak to him/her regarding this matter. However, you may wish to speak with one of our attorneys to determine what options you may consider.
An umpire is a competent and impartial individual who makes the decision regarding the value of property or the amount of a property loss.
The length of litigation is dependent on many factors, some of which are beyond our control. However, we will work diligently to expedite the case as quickly as possible.