Question: I obtained a judgment against a tenant four years ago and I heard that judgments are only valid for five years. Is that true? If I don’t collect my money soon, am I prohibited from getting my money? Answer: You are correct that a judgment is only valid for 5 years. If not renewed, [...]
By Kent Phelps, Attorney, Durfee & Phelps PLLC The estate tax issue may be closer to resolution today than any time in the last 9 years –at least for the next 24 months. Earlier today, President Obama held a news conference confirming he has reached a compromise with Republicans on multiple tax issues, including the [...]
By Kent Phelps, Attorney, Durfee & Phelps, PLLC Our play-by-play updates on the estate tax drama created by the deal between President Obama and Republicans continue. In a nutshell: the deal could lose Republican support if Harry Reid’s online gambling amendment is added; the deal could be killed by Senator Sanders’ threat of filibuster. Some [...]
The Florida Supreme Court is now the highest court to continue the trend of other courts across the country to allow creditors to penetrate a single member LLC.