Mon 19th Nov, 2018 | Blog by Michael Michetti
One of the benefits of owning a primary residence in Florida is a Florida Constitutional right of Homestead. In addition to homesteaded property being protected from certain judgement creditors, owners of homestead property are eligible to apply for a Homestead Exemption on their property taxes. This exemption essentially provides the owner with a reduction of up to $50,000.00 on the assessed value of their primary residence, thus lowering their property taxes. A lesser known benefit …
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Thu 10th May, 2018 | Events by Michael Michetti
TIME IS RUNNING OUT AND SPACE IS FILLING UP! Less than one month until WWM&R’s 2nd Annual Realtor® Assembly on June 4, 2018 at the Ritz Carlton (Beach Resort) – Naples, Florida. Last year’s event was widely attended and accomplished our continued goal of providing Realtors in Southwest Florida with a comprehensive educational event. As such we will be hosting this day-long event providing educational sessions on an array of legal topics relevant to the …
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Mon 7th Aug, 2017 | Blog by Michael Michetti
When a family creates an estate plan, their primary goals are often to make sure their assets are received by their loved ones and that a probate administration is not needed. Most individuals also want to retain full control of their assets during their lifetime. An enhanced life estate deed is a useful and rather simple estate planning tool. An enhanced life estate deed is commonly referred to as a “Lady Bird deed,” and …
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Mon 7th Aug, 2017 | Blog by Michael Michetti
Avoid Misinterpretations in Written Contracts (part 2 of 2) By: Rachel Kerlek, Esq. In Part 1 of this article, we discussed the importance of businesses having written agreements to govern their relationships. A well-written agreement allows the parties to eliminate doubt regarding their rights and obligations, and provides a road map to help predict how a dispute may end. However, if parties are not careful, those agreements can act as a double-edged sword. This article …
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