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Florida Limited Liability Companies: Six Key Considerations for the LLC Operating Agreement

January 24, 2023 Professional Services Industry Legal Blog

Are you thinking about forming a limited liability company (“LLC”) in the State of Florida?   If so, you should give strong consideration to having a written operating agreement in place to govern that LLC.  That agreement will serve as the play book for your company and reduce potential conflicts amongst […]

Overview of a Trust Beneficiary’s Remedies Under the Florida Trust Code for Breach of Trust

January 24, 2023 Banking & Financial Services Industry Legal Blog, Professional Services Industry Legal Blog

Trusts are a common estate planning vehicle, in which property is held in a trust and administered by the trustee for the benefit of the beneficiaries of the trust.  See Miller v. Kresser, 34 So. 3d 172 (Fla. 4th DCA 2010).  The Florida Trust Code defines a trust beneficiary as […]

Florida Professional Service LLC Personal Liability Protections: Perks and Pitfalls

January 20, 2023 Professional Services Industry Legal Blog

Managers and members who provide professional services in Florida often choose to organize their businesses into Limited Liability Companies (“LLCs”) because LLCs generally provide freedom from personal liability for the obligations of the LLC. This blog post discusses exceptions to the general prohibition on holding LLC members or managers personally […]

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