Insights

Family limited partnerships are often used as sophisticated estate planning techniques. When properly formed and maintained, family limited partnerships can provide a meaningful reduction in estate and gift tax, as well as creditor protection. Although there have been several cases that uphold the legitimacy of properly structured and operated family…

As 2003 is coming to an end, many people begin to reflect on the year past and begin to plan for the upcoming new year. While estate and tax planning is not often the foremost concern, it is important to remember that a well devised estate plan balances tax considerations…

The simple phrase “AS IS” is widely used in today’s transactional society. But what exactly is AS IS? The condition of the property is often a major sticking point in the negotiation of a sales transaction. Buyers usually desire assurances or warranties regarding the condition of the property. Sellers, on…

The obstetrics ward at a local hospital closes. Numerous obstetricians no longer deliver babies, they now only practice gynecology. Talented surgeons leave the practice to return to academic medicine. Florida medical practices trying to recruit the best and the brightest now lose out on recruits to states with a more…

Many clients have misconceptions about the preparation of contracts. Some believe that all a lawyer does to prepare a contract is to insert the names of the parties, push a button, and print out the contract. Others believe it is less expensive if the attorney for the other side prepares…