Succession planning, the task of deciding who will replace a key executive who retires, moves on or passes away, is a critical step in the continuing development of a company. Has your board taken up this important matter yet? Here are five reasons to begin formulating your succession plan. 1. Identifying qualified candidates Identify potential […]
Melbourne Legal Blog
There can be a lot of uncertainties surrounding the death of a loved one. Unfortunately, the estate administration process can be murky and disconcerting. If something seems fishy during the administration of a trust, it can cause beneficiaries to ask a lot of questions. Sometimes, a caretaker usurps a family’s inheritance via improper trust management. This often […]
It is impossible to turn on HGTV these days without seeing a show devoted to flipping houses. While there is a big difference between television and reality, turning a rundown residence into someone’s dream home may be an effective way to turn a profit. The venture is not without risk, though. In the United States, […]
Real estate ownership is becoming big business among different people. As more people become interested in real estate, there are greater chances of claims to ownership. In order to avoid conflict over a piece of property, a quiet title action may be beneficial. There are a few important things to understand about this process. Legal standing […]
A Florida legislator, in proposed legislation drafted within the Fair Labor Standard Act, moved to limit the use of noncompete agreements. The Senator submitted the “Freedom to Compete Act” for consideration at the federal congressional level on Jan. 15, 2019. Nondisclosure and nonsolicitation agreements could also falter through implication in the language of the proposed […]
When you enter into a professional contract, you hope everything works out according to plan. Unfortunately, things do not always go this way. If you or the other party encounter problems, a contract dispute may arise. A disagreement about the contract can result in legal complications and financial losses. Thankfully, there are ways to prevent contract […]
You may just be starting out as a businessowner, or perhaps your company is in its early stages and doing well. This is good news—but are you prepared for a lawsuit? Litigation is probably the furthest thing from your mind. But if you own a small business, it is never too early to make sure […]
Perhaps you are on the board of a homeowners association in the Melbourne area. The mixed community consists of single-family residences and condominiums. Several condo residents have come to you complaining about a neighbor who smokes cigars on his balcony every evening around dinnertime. The cigar smoke disturbs others. What should the association do? Examining […]
Perhaps you are facing foreclosure. You would like to work out a payment solution you can afford but your lender is not cooperating. Then you receive a call out of the blue from someone offering a loan modification plan. The caller sounds official and at first, you believe he works with your lender. However, you […]
Most of the sinkholes that occur in the U.S. occur in Florida, and homeowners here can purchase sinkhole insurance. Senate Bill 408 sets out provisions concerning sinkhole testing and structural repairs as well as a reference to the neutral evaluation process. What exactly does this mean? A little sinkhole history According to the U.S. Geological […]
