Author: Elf
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“Keys to Success in Joint Ventures”
1. Careful planning and implementation at multiple stages are crucial for the success of a joint venture in the United States. 2. Joint ventures are commonly formed to enter new markets or expand customer base and distribution capabilities. 3. Small and mid-sized firms find joint ventures attractive because they can explore new markets and retain…
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Are “As-Is” and “No Warranty” Clauses Always Enforceable in Florida?
1. The contract contained a warranty statement providing the vehicle was being sold “As-Is” and the dealer assumed no responsibility for any oral statements about the vehicle. 2. The purchaser was charged an inspection fee and service charge, and was informed the oil was changed and the car was mechanically sound. 3. The engine block…
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“Payment for Estate Managers in Florida”
1. The court determines personal representative compensation based on factors such as the size and complexity of the estate, the time required to administer the estate, and the personal representative’s skill and experience. 2. Florida uses a percentage of the estate’s value to calculate personal representative compensation, with the percentage varying depending on the size…
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Florida’s New Public-Sector Union Law Faces Initial Challenges as New Requirements Kick In
– Florida’s SB 256, which imposes new requirements on certain unions representing public-sector employees, went into effect on July 1, 2023. – The law prohibits direct payroll dues deductions and assessments by the public employer, requires unions to be recertified if less than 60 percent of eligible employees pay dues, and mandates additional information in…
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Car Accident and Insurance Rates: Who’s at Fault?
– Some popular insurance companies may raise insurance premiums for drivers involved in a no-fault car accident – State Farm does not raise insurance premiums for no-fault accidents – Drivers in Jacksonville, FL may see an average of a $132 increase in their premium after a no-fault accident – California and Oklahoma prohibit insurance rate…
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How to End a Contract: A Simple Guide
– Contracts often include a termination provision that outlines the circumstances and requirements for terminating the contract. – If a contract does not have a termination provision, negotiation with the other party or amending the contract to make changes to obligations may be possible. – Contracts may also include requirements for assigning the contract to…
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Welcome to Hoiberg Group: Your Go-To Source for Legal Help!
– Traditional IRAs provide tax incentives for retirement savings and allow earnings to grow tax deferred. – Contributions to traditional IRAs may be tax deductible, and money is not taxed until it is withdrawn. – There are annual limits to contributions and penalties for early withdrawals from traditional IRAs. – Roth IRAs have different rules,…
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Top 5 Facts About Florida’s Construction Defect Law
1. Owners must serve a written notice 60 days before filing a lawsuit for construction or design defects, or 120 days if it involves an association with 20 or more units. 2. If the owner fails to serve the required notice, any legal action for construction or design defects will be postponed until the notice…
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“Essential Tips for a Hassle-Free Divorce”
1. Financial documents should be collected in advance to avoid potential obstacles later on. These documents include credit reports, credit card statements, and bank statements. 2. As soon as the necessary documents are gathered, the next step is to contact a divorce attorney who can provide guidance on the next steps in the process. 3.…
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Why a Million-Dollar Challenge Isn’t Legally Binding
1. The United States Court of Appeals for the Eleventh Circuit held that an empty boast could not form the basis of an enforceable contract in Kolodziej v. Mason, Case No. 14-10644. 2. The Court ruled that the defense lawyer’s statement offering to pay a million dollars if someone could get from the airport to…
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Resolving Problems Between Tenants and Landlords in Florida
– Tenants in Florida have the right to sign a written rental agreement to ensure transparency and clear terms for both parties. – If the landlord breaches the lease agreement, the tenant may initiate legal action. – Landlords in Florida may not violate codes and statutes, such as discriminatorily increasing rent or decreasing services to…
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Understanding Florida’s Tenancy by the Entireties Law
– Florida’s housing market has been one of the hottest in the country in recent years, with Tampa, Florida being named the hottest city for buying a home in 2022. – The demand for second homes in Florida has increased 87% from pre-pandemic levels, according to real estate brokerage firm Redfin. – Married couples purchasing…
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“Florida Conservation: Controlled Burns to Protect Land”
– Prescribed burning is important for the management of plant and animal communities. – It reduces the risk and severity of wildfires, protecting people and property. – Prescribed burning prepares forestland for reforestation and improves herbaceous vegetation on rangeland. – Florida law defines prescribed burning and requires a written plan and certification for those conducting…
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“Start Saving for College Now with a 529 Plan”
– 529 plans allow for prepayment of higher education costs on a tax-favored basis. – There are two types of 529 plans: prepaid plans and savings plans. – Contributions to 529 plans do not receive a federal income tax deduction, but earnings on the account are not taxed while the funds are in the program.…
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“Medicaid Eligibility: Income Limits in Florida”
– Medicaid in Florida provides extensive health coverage to low-income individuals, including seniors, persons with disabilities, children, and pregnant women. – The income limits for Medicaid, especially for long-term care, vary based on an individual’s or family’s circumstances and are subject to change annually. – For individuals interested in long-term care services, the income cap…
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Pros and Cons of Taking a Business Dispute to Court in Connecticut
1. Dolly Parton is known for her philanthropy and has valuable lessons to teach about doing good. 2. After winning a money judgment in litigation, individuals may wonder what to do next in order to receive the funds. 3. Non-citizens in the US do not receive all the tax benefits that citizens do, especially when…
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“Making Money from Selling Your Home? Here’s What You Need to Know About Taxes”
– The median home price has increased in recent years, with the highest prices in the West and Northeast regions. – Homeowners should be aware of the tax implications when selling their homes, including potential capital gains tax and net investment income tax. – Homeowners can exclude up to $250,000 (or $500,000 for joint filers)…
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“Why an LLC Could Be the Perfect Business Structure for You”
– An LLC provides owners with limited personal liability for business debts, similar to a corporation, and protection from the entity’s creditors. – LLC owners can elect to have the entity treated as a partnership for federal tax purposes, allowing earnings to flow through to the owners and be taxed only once on their individual…
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Florida Court Upholds Rules for Workers’ Compensation Immunity
– The court reaffirmed the tests for exception to workers’ compensation immunity in Florida. – Plaintiffs must prove intentional or grossly negligent conduct to defeat workers’ compensation immunity. – The employer was entitled to workers’ compensation immunity, but the co-employee was not based on the allegations in the Complaint. – The co-employee was alleged to…
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When Do You Have to Keep Evidence? Understanding Spoliation of Evidence for High School Students
1. Remark destroyed her old computer after receiving a deposition notice, but before receiving the last one which required the production of documents. 2. Shamrock filed a complaint against Remark, alleging she intentionally or negligently destroyed documents in bad faith. 3. Remark did not review the old computer to see if it contained any documents…
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When Must You Hold Onto Evidence? Understanding Your Responsibilities
1. Remark destroyed her old computer after receiving the first deposition notice, but before receiving the last one which required the production of documents. 2. Shamrock filed a two-count complaint against Remark, alleging she intentionally destroyed or negligently destroyed documents in bad faith. 3. Remark testified that she obtained a new computer and destroyed her…
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Florida’s New Telemarketing Laws: What High Schoolers Need to Know
– Florida has adopted its own version of the Telephone Consumer Protection Act, known as Florida’s Mini-TCPA, which is similar to the federal TCPA. – The changes to the Florida Do Not Call Act include the removal of existing call exemptions, the addition of a prior written consent requirement for marketing calls using an automated…
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“Should You Get a Prenup Before Getting Married in Florida?”
– A prenuptial agreement, also known as a premarital agreement, is a contract made between prospective spouses before marriage. – It addresses rights to alimony, division of property and debts, and distribution of property in the event of divorce or death. – Benefits of having a prenuptial agreement include facilitating a quick resolution in the…
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“After a Slip and Fall in Florida: 5 Steps to Take”
– Seek medical treatment to properly document injuries. – Report the accident to a manager, owner, or landlord and request a written report. – Document names, addresses, and contact information of potential witnesses. – Take pictures of the accident location and any contributing conditions. – Record details of the accident and store clothing and shoes…