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Articles Posted in Corporate

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Asset Protection in Florida: Five Common Mistakes – Five Tested Solutions

By Miami Asset Protection Attorney Phillip B. Rarick, Esq. In our litigious society anyone can become a target of a plaintiff seeking to get a money judgment against you personally.   In today’s real estate market, where it is usually impossible to negotiate with the lender, deficiency judgments are a major…

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Beware of Florida Single Member LLC’s: Seven Ways to Avoid this Sand Trap

By: Phillip B. Rarick, J.D., and Jay R. Beskin, J.D. Miami Asset Protection Attorneys Background Summary: Last year in a blog we advised you that the “Olmstead Patch” – the Florida legislature’s attempt to fix a hole in the Florida LLC statute as a result of the 2010 Olmstead decision…

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Florida Legal Resources

I am pleased to announce a valuable new feature on our web site that I trust you will find helpful.   We want to share with you all the Florida local and state legal resources that we routinely use in our probate, corporate, guardianship, and estate planning practices. Resources is a…

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Living Trusts Do Not Protect Your Assets; So What Does?

Now may be an excellent time to attack a common misunderstanding about living revocable trusts:   These trusts do not protect your assets if you are sued.   If you can be sued, your revocable trust can be sued. Some people believe that the living trust is like a “pink pill” solution: …

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Watch Out for the Florida Stealth Tax: Documentary Stamps

Virtually all states are looking to increase tax revenues and Florida is no exception.  One area in which the state is becoming more aggressive is the collection of documentary stamp taxes. As outlined in Florida Statue §201.02, this stealth tax  must be considered in virtually all transfers of interests between or within Florida…

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Olmstead Patch Bill Signed by Governor: Multi-Member Florida LLC’s Improved As Asset Protection Entity

By Phillip B. Rarick, Esq., Miami Asset Protection Attorney Executive Summary: Last summer in the case of Olmstead V. F.T.C the Florida Supreme Court held that a charging order is not the exclusive remedy against a single member LLC and indicated that it may not be the exclusive remedy against…

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