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So What Does the Trustee do Anyway?

January 3, 2005 Trusts & Estates

When creating an estate plan or providing for another during life, one often considers creating a Trust. Trusts can be drafted for many different reasons and with various types of beneficiaries and Trustees. An important question to discuss with your legal advisor is who should act as Trustee. Many financial…

Alert to Sarasota Real Estate Brokers

January 3, 2005 Land Use

The City of Sarasota zoning code says that if two lots, or portions of lots, having continuous frontage (i.e., street frontage) are conveyed to the same person (after January 10, 1974) and one or both of the parcels is non-conforming in respect to lot width or area, they will thereafter be treated as a single parcel. The consequence is that when…

New Overtime Regulations

October 1, 2004 Labor & Employment

As you may be aware, in late August the Department of Labor (DOL) implemented new regulations for the white-collar exemptions (executive, administrative, and professional) to the Fair Labor Standards Act (FLSA). Congress continues to wrestle with the regulations and funding related to the changes, however, the changes are in effect….

Total Return Trusts

March 1, 2004 Trusts & Estates

Should there be a Total Return Trust in your future? Trusts as we know them have been around for a long time. Trusts were developed in England in the 1500s to provide a way of managing what was the only form of wealth in those days, land. Land was treated…