Category: Client Alerts
New Federal Law on Corporate Transparency
Effective January 1, 2024, the Corporate Transparency Act (“CTA”) will go into effect for all states. The CTA seeks to identify entities used for money laundering and other criminal activities, by requiring certain business entities to disclose their ownership and control to the U.S. Treasury Department. Below are the main […]
Should I use AI to draft my legal contracts?
The recent leaps in AI technology are almost unbelievable. The advancements resemble the beginning of a Terminator movie. However, AI is not advanced enough to take over the world just yet, especially in the area of contract law. Generally speaking, AI works by examining and ingesting substantial amounts of information […]
Why Do I Need a Business Law Attorney?
A business attorney can properly advise you as you build your business. A business attorney has the knowledge, training, and skills to assist you in executing your business plan. Reasons why to invest in a business law attorney: Business creation advice. When starting your business, it is important to create […]
Why do I need an Operating Agreement for my LLC?
An LLC operating agreement establishes ownership, rules, and structure for your entity. An operating agreement does not need to be filed with the state of Florida but should be retained by the LLC owners. When there is no operating agreement, Florida statutes outline the default rules that will apply to […]
Why Do I Need an LLC?
Limited liability companies, or LLCs, have become the “go-to” business structure because of their simplicity, flexibility, and tax advantages while providing personal liability protection. An LLC provides legal and financial protection to business owners. LLCs are also great for holding assets; for example, placing a rental property in an LLC […]
