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Legal Sen$e
Legal Sen$e - The Floyd Law Firm PC
Life insurance relates to estate planning as it can provide death benefits to one’s chosen beneficiaries, and can provide convertible assets that may be helpful with an estate—allowing loved ones to attain financial support. A life settlement is the sale of a life insurance policy to a third party. If you have a life insurance...
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Legal Sen$e - The Floyd Law Firm PC
Did you know that a family-owned LLC can be a helpful instrument for managing various assets and enabling them to be passed along to other family members? Assigning oneself as manager of the LLC means that you can maintain control over your estate while providing notable tax advantages. Regulations that govern LLCs differ from state...
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Legal Sen$e - The Floyd Law Firm PC
By Dalton Floyd, Jr. By some accounts, 70% of adult Americans do not have a will. If you have at least gone to the trouble of making a will, consider yourself ahead of the curve and pat yourself on the back. Then come back to earth and understand that your work is not completely done....
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Legal Sen$e - The Floyd Law Firm PC
During this stressful year of the global pandemic hitting, adding the pressures of bankruptcy to the mix affects everyone as well. On September 4, 2020, the Centers for Disease Control and Prevention (CDC) issued the “Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19” (the “Eviction Moratorium”) to help prevent the spread...
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Legal Sen$e - The Floyd Law Firm PC
Business owners in general work hard to ensure that their buildings, grounds, offices, garages, warehouses, and stores are safe. Store owners must be especially vigilant due to the number of people that walk in to shop. Clothing stores, hardware stores, and supermarkets all display merchandise in as many ways as they can to maintain space,...
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