ESTABLISHING FLORIDA DOMICILE FOR INCOME AND ESTATE TAX PLANNING—NOT SO SIMPLE

Norton Hammersley Business & Corporate Law, Firm News

Changes to the federal income tax law that limit deductions on state and local taxes have fueled a mini real estate boom in Florida, particularly for higher-end properties. Florida is attractive to residents from higher tax locales because it is one of only seven states that have no income tax, and it also has no estate or inheritance taxes. However, …

Sarasota Luxury Sales Booming

Norton Hammersley Real Estate Law

The ultra-luxury home sale market is booming, according to a report from Sarasota Real Estate Broker Michael Saunders & Company president Drayton Saunders. But just how hot is it? A basement price point of $5 million defines the ultra-luxury market. Mere luxury starts at $3 million, though some quarters drop that figure to a pedestrian $1 million. During the first …

Buying a home in Sarasota is cheaper than renting, study finds

Norton Hammersley Real Estate Law

Buying a home in Sarasota is cheaper than any other city in America according to a report from online rental marketplace Apartment List. — that is, if the only alternative is renting. The decision to buy a home or rent is a hotly debated topic—both a personal and a financial decision. On the financial side, however, buying in Sarasota is …

How to get the best out of your new Startup

Norton Hammersley Business & Corporate Law

You’ll have plenty to worry about while you’re getting your startup business off the ground, so you probably won’t be able to spend years learning the ins and outs of every federal, state, and local law that applies to your business. With that in mind, we put together this list of the 10 crucial legal checkpoints for any startup. You’ll …

Selective Enforcement Jeopardizes Associations’ Ability to Apply the Rules

Norton Hammersley Firm News, Real Estate Law

Choosing to live in a neighborhood governed by a condominium or homeowners association means residents live within “the rules”, which can govern everything from pets and plantings to paint colors and porch enclosures. Whether you love the rules or hate them, legal issues can arise for both residents and boards of directors when those rules are ignored or enforced inconsistently. …

Disputes are a part of life

Norton Hammersley Litigation

Disputes are a part of life but when individuals or businesses become embroiled in a civil dispute, many think going to trial is their only option to achieve a resolution when in fact it is often the last course of action. Litigation involves going to trial. Once the law suit is filed with the courts the process is formal and …

Sarasota trial practice and dispute resolution services

Norton Hammersley Litigation

Contracts are at the heart of practically all business transactions. Individuals who work in the Sarasota business community know that in order to secure goods and services for the benefit of a corporate entity, one will likely have to enter into a contractual agreement with other parties. At its simplest level, a contract is an agreement whereby one party accepts …

Erik Hanson wins Sandies Award

Norton Hammersley Firm News

The Lakewood Ranch Business Alliance announced the 9 winners from the annual Sandies Members’ Choice Awards at its luncheon on Friday, November 16, at the Ballroom at Grove. Over 325 LWRBA members and guests were in attendance. The Sandies honor LWRBA volunteers who strive towards the highest levels of personal and professional accomplishment, devote time and energy to our community, …

Why you should choose an attorney to close your Real Estate transactions

Norton Hammersley Real Estate Law

Buying or selling a home is one of life’s most significant transactions for many, and being presented with stacks of paperwork and columns of numbers when it is time to close the deal can be daunting. Many people are not aware that–for virtually the same cost as a title agency–an attorney capable of providing legal advice about what serves their …