Establishing Florida Domicile for Income and Estate Tax Planning Purposes

Norton Hammersley Announcements

Florida is attractive to residents living in higher tax locales, as one of only seven states without an income tax or state level estate/inheritance tax.  However, establishing Florida domicile is no longer a simple process, as more aggressive tax collection by other states has raised the bar on what steps are required to truly relocate to the Sunshine State.             …

Is it the right time to buy during the pandemic?

Norton Hammersley Real Estate Law

To say COVID-19 has impacted the market is an understatement but the big question may be Is buying a home in the wake of the COVID-19 pandemic a good idea? It depends! Due to historically low interest rates buying a home might be a wise choice and the right thing to do even now. If you have the desire to …

CARES Act for Individuals

Norton Hammersley Announcements

The Coronavirus Aid, Relief and Economic Security (“CARES”) Act The Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), became law on riday, March 27, 2020. This memorandum provides an overview of CARES Act programs that may be applicable to our individual clients. If you are a business owner please contact us for additional firm publications as there are …

CARES Act for Businesses

Norton Hammersley Announcements

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. As a part of the initiative, the Paycheck Protection Program was included within the Act to provide $350 billion in emergency loans to small businesses. In general, the loans can be utilized by small businesses to pay for such things as payroll, …

Peter Skokos named to The Gulf Coast CEO Forum board of directors.

Norton Hammersley Firm News, Real Estate Law

The Gulf Coast CEO Forum has named attorney Peter Skokos to its 2020 board of directors. Peter will be representings developers and landowners in connection with the acquisition, development, leasing and sale of commercial, industrial, condominium and residential properties. He will also represent national, regional and local lenders in preparing loan documentation and closing commercial and residential loan transactions, as …

CEO group names attorney to board of directors

Norton Hammersley Announcements

The Gulf Coast CEO Forum named attorney Pete Skokos to its 2020 board of directors. Skokos is a partner at Norton, Hammersley, Lopez and Skokos, where he specializes in real estate, banking and business transactions, according to a press release.

Twelve Days of Christmas supporting these great Sarasota charities

Norton Hammersley Firm News

As the build up to Christmas continues Norton Hammersley would like to highlight 12 of our favorite local charities and non-profit organizations that we have donated to 1 Boys & Girls Clubs of Sarasota County The Boys & Girls Club of Sarasota’s mission is to enable all young people, especially those who need us most, to reach their full potential …

Norton Hammersley welcomes Daniel L. Tullidge

Norton Hammersley Firm News

Daniel is a member of our estate planning, estate administration and asset-preservation group, as well as the business and tax-law group. Daniel focuses his practice primarily on corporate and estate planning, tax and business succession planning, and estate and trust administration. His experience also includes advising international clients, charitable planning, and multi-generational trusts for high net worth families. Daniel received …


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 …