Florida Spendthrift Trusts

Florida common law and statutes recognize the validity of spendthrift trusts.

Phone Calls Pretending to be From Attorney’s Office

From another attorney in a national consumer listserv:

Florida Bankruptcy Exemptions

Under the federal bankruptcy laws, each state is allowed to choose which type of exemptions will be available to those who file for bankruptcy in its state.  Generally the choice is between allowing the use of the federal bankruptcy exemptions and the state's own bankruptcy exemptions.

Tenants by Entireties Exemption in Florida

The Bankruptcy Code provides in section 522(b)(3)(B) in general for the exemption of property held as a tenant by the entirety or joint tenant to the extent that it is exempt from process under state law.Tenancy by the entireties is certain property held between a husband and a wife.

Since 2006 Diane has Achieved an AV Preeminent Rating

Attorney Diane L. Drain has Achieved the AV Preeminent® Rating – the Highest Possible Rating from Martindale-Hubbell®.
Phoenix, AZ (PR Newswire) June 10, 2015 – Martindale-Hubbell® has confirmed that attorney Diane L. Drain still maintains the AV Preeminent Rating, Martindale-Hubbell’s highest possible rating for both ethical standards and legal ability, even after first achieving this rating in 2006.

Long-Term Leasehold Interest as Homestead

In a case decided by a Florida Court of Appeals in 2012, the issue presented was whether a person's long-term leasehold interest in his condominium could qualify as a "homestead" exempt from forced sale under article X, section 4 of the Florida Constitution.

SEC Cracks Down on Credit Reporting Agencies

On August 26, 2014 the Securities and Exchange Commission approved final rules cracking down on credit rating agencies and asset-backed securities — two areas that SEC Chairwoman Mary Jo White said were “at the center of the financial crisis,” according to an article in ThinkAdvisor.

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