Category Archives: General
Larry Bray Named a Top Rated Lawyer by Avvo
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Why You Should Hire a West Palm Beach Business Law Attorney to Draft Your Contracts
Contracts are legally binding agreements between people or businesses wherein one party is agreeing to provide goods or perform a service in exchange for financial compensation or receipt of other services or goods. A contract is not formed until there is an offer and acceptance as well as some type of consideration, which is… Read More »
Estate Taxes for Florida Residents
When you consider passing on your wealth to your family, you have to face a hard truth: taxes. When you pass away, the executor of your estate has to settle everything with the Florida Department of Revenue and the Internal Revenue Service (IRS). Depending on how your estate is structured, your estate may owe… Read More »
Appealing a Property Tax Assessment
If you are a property owner in Palm Beach County, you will have received a Truth in Millage Notice. This document explains any proposed changes to the millage rate for each relevant taxing authority and provides your property’s assessed value. This is not your property tax bill for the year. However, it gives you… Read More »
Must Seniors Lose Their Life Savings If They Need Long Term Care?
By: Larry E. Bray, Esq. No senior wants to use his/her life savings to pay for long term care, i.e. a nursing home, assisted living facility or homecare. Likewise, no child wants to watch his/her inheritance dwindle to zero. Further, no senior wants to give up control of his/her money for fear that they… Read More »
The Importance of a Corrective Deed to Cure Defects
When you are a property owner, whether for personal or business reasons, the deed to your property is the most important piece of paper you have next to the title. The deed transferred legal title of the property from the previous business or person to you, and it must be accurate. While some small… Read More »
Encumbrances on Real Property
If you decide to purchase real property, it is very important to be aware of any encumbrances on the property. An encumbrance is a claim against property held by someone who is not the owner of the property. Encumbrances affect title, meaning that the owner’s rights to the property are limited in some way,… Read More »
The Importance of Using a Lawyer in Real Estate Transactions, Part 2
Real estate transactions in Florida are governed by both state and federal laws and involve many parties, from the buyer and seller to the title insurance company to the lending institution providing a mortgage. Buying or selling a house is often the biggest transaction a person will ever make, and getting it right is… Read More »
The Importance of Using a Lawyer in Real Estate Transactions, part 1
For many people, buying a house is the most expensive purchase of their lives. From the brokerage contract to closing, buying and selling a house involves many issues of law that most people are not familiar with. Real estate attorneys have the experience and knowledge to ensure that this important transaction goes as smoothly… Read More »
Same-Sex Marriage and Title Issues
Same-sex marriage has been legal in Florida since January. For newly married same-sex couples, this creates many changes, including in the worlds of asset protection and estate planning. One important issue to consider in this realm is how property is titled. This is especially important when dealing with high-value property, such as houses and… Read More »