Sarasota Legal Insights: June 2024 Edition

Norton Hammersley Firm News

As your trusted legal advisors in Sarasota, we are dedicated to keeping you informed about the latest news and developments that may impact your business, estate planning, real estate, and dispute resolutions. This month, we highlight several key events and changes in Sarasota that relate to our core practice areas: Business & Tax Law, Estate Planning, Real Estate Law, and Trial Practice & Dispute Resolution.

Business & Tax Law: New Sarasota Business Incentives

Sarasota County has recently introduced new business incentives aimed at attracting startups and encouraging local business growth. The Sarasota County Economic Development Corporation (EDC) announced a series of tax credits and grants for small to medium-sized enterprises (SMEs) and tech startups. These incentives are designed to support innovation, job creation, and sustainable business practices.

For business owners, these new incentives present an excellent opportunity to expand operations or launch new ventures in Sarasota. Our Business & Tax Law team is here to help you navigate the complexities of these new incentives and ensure you maximize the benefits available to your business.

Estate Planning: Changes in Florida Estate Tax Regulations

Recent changes in Florida’s estate tax regulations could significantly impact estate planning strategies for Sarasota residents. The Florida Legislature has passed a bill increasing the estate tax exemption threshold, providing more flexibility in wealth transfer and estate planning.

These changes are particularly relevant for high-net-worth individuals looking to optimize their estate plans. Our Estate Planning attorneys are well-versed in the latest regulatory updates and can help you adjust your estate plan to reflect these new laws, ensuring your assets are protected and your beneficiaries receive the maximum benefit.

Real Estate Law: Sarasota’s Booming Housing Market

Sarasota’s real estate market continues to thrive, with new developments and increasing property values making headlines. A significant residential development project has been approved on the city’s outskirts, promising to bring more housing options to the area. This growth underscores the importance of thorough legal due diligence in real estate transactions.

Whether you are buying, selling, or investing in Sarasota real estate, our Real Estate Law team provides comprehensive legal support to safeguard your interests. We assist with contract negotiations, zoning issues, and ensuring compliance with all relevant regulations, making your real estate transactions smooth and secure.

Trial Practice & Dispute Resolution: Notable Case Settlements

In recent legal news, Sarasota has seen several high-profile case settlements, underscoring the importance of effective trial practice and dispute resolution. One notable case involved a major local business dispute that was successfully resolved through mediation, saving both parties time and significant legal costs.

Our Trial Practice & Dispute Resolution team specializes in alternative dispute resolution methods, including mediation and arbitration, to help clients resolve conflicts efficiently and amicably. We are committed to achieving the best possible outcomes for our clients, whether through settlement or courtroom litigation.

Stay Informed with Norton Hammersley

Staying informed about the latest legal developments in Sarasota is crucial for making informed decisions in your personal and professional life. At Norton Hammersley, we are dedicated to providing you with the knowledge and expertise needed to navigate the ever-changing legal landscape.

If you have any questions about how these developments might affect you or need legal assistance in any of our practice areas, please do not hesitate to contact us. Our experienced attorneys are here to help you achieve your goals and protect your interests.

Thank you for reading our June 2024 blog. Stay tuned for more updates next month, and be sure to follow us on social media for the latest news and insights from Norton Hammersley.

For more information or to schedule a consultation, visit our website at Norton Hammersley or call us at (941) 555-1234.