On May 25, 2017, Governor Scott signed HB 7109 into law. The new law will lower the sales tax rate on commercial leases under Florida Statute Section 212.031 from 6% to 5.8%. The new law goes into effect January 1, 2018. It is projected to save Florida commercial tenants $61,000,000 per year. Sales tax brackets and sales tax software programs will need to be updated for the new law change in January. For more info, go to: http://www.flgov.com/gov-scott-announces-100-million-tax-cut-on-business-rents-as-part-of-the-its-your-money-tax-cut-budget-2/
Female Breadwinners Can’t Have it Both Ways
More and more, the “traditional” views of men and women are challenged in the context of family law proceedings. Whereas it was historically implied the mother would have majority timesharing with children, and the father would pay support to the mother for herself and the children as a result, today each case is very different because of the prevalence of both parents working, often with the mother serving as the primary breadwinner for a family. Further, fathers are requesting and exercising equal timesharing with their children on a regular basis. The following article is an interesting look at this topic with a celebrity spin – http://time.com/3524843/halle-berry-gabriel-aubry-child-support/#3524843/halle-berry-gabriel-aubry-child-support/
Lowndes, Drosdick, Doster, Kantor & Reed, P.A. Unveils New Website
We are excited to announce the launch of our redesigned website, www.lowndes-law.com. The site welcomes guests with warm colors, a clean design, crisp new images and fresh content. A strong brand message, “LOCAL ROOTS. BROAD REACH.SM” reflects the firm’s experience and service as well as our commitment to the growing needs of our clients. To learn about some of our new features and objectives behind the new website, please click on the PLAY button below. To visit our Private Wealth Services page, go to www.lowndes-law.com/services/297-private-wealth-services. We hope you find the redesigned website easy to use. Visit often as we are continually updating information that may be helpful to you!
Are You Prepared for Your Aging Parents?
Clients often ask me how and when to prepare for their aging parents. While dealing with this can be trying — emotionally and financially — you can make the process much easier if you begin to prepare before your parents face serious health problems. Some of the first steps to take include: assessing your parent’s financial situation, determining your parent’s concerns and talking about their estate planning. To find out more, click the image below.