What New Jersey Attorneys Need to Know About Florida Law
Category: On Demand
Member Price: $184
Non-Member Price: $230
Areas of Law: Business, Real Property, Trust, & Estate, Taxation
Keynote
Moderator
Presenters
- Christopher J. Denicolo, Esq.
- Partner, Gassman, Denicolo & Ketron, P.A.
- Chriseanna M. Mitchell, Esq.
- Gassman, Denicolo & Ketron, P.A.
New Jersey residents have always had a strong connection to the Sunshine State. We love to vacation and visit family and friends in Florida. Many of us buy Florida property and plan to retire there. Sometimes our wealthiest clients move to Florida and need guidance, and you may need background in order to continue effectively advising and representing them.
This informative seminar, presented by Florida attorneys Christopher Denicolo and Chriseanna Mitchell, will provide you with everything you should be aware of when handling matters for New Jersey residents who own Florida property, reside there part time, have interests in Florida businesses, or who are considering a move to Florida.
There are real and significant differences between the two states that every lawyer should be aware of. For example, holographic wills are perfectly legitimate in New Jersey and anyone can serve as an executor of an estate, which is not the case in Florida. Also, Florida rules regarding LLCs are different, and if you are handling estates of New Jersey decedents who owned Florida property, there are ancillary administration issues that must be addressed.
Asset protection differs significantly in Florida, too, as do residency requirements. It’s easy to establish residency in Florida and benefit from its tax laws, but harder to escape your New Jersey residency status and its tax obligations. While you may consider yourself a Floridian, the New Jersey Division of Taxation may not, even if you if you frequently return to the Garden State.
The program will outline the steps required for New Jersey to recognize you as a Florida resident. Gain the knowledge you need to assist your clients with Florida matters, including:
- Florida specific laws involving businesses and estates
- Florida tax planning
- Elective share and homesteading
- Liability insulation and planning
- Creditor protection and strategies
- Medical practice laws
- Guiding your clients to appropriate legal representation in Florida
- And more!
