Author: Apfelbaum Martinez Law

  • APFELBAUM LAW FOUNDER NICO APFELBAUM SELECTED AS A SUPER LAWYERS 2016 RISING STAR

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    Nico Apfelbaum, founder and managing attorney of Apfelbaum Law, has been selected by Super Lawyers as a 2016 Rising Star, and top rated in the areas of Business & Corporate law.
    Super Lawyers is a service that rates attorneys in more than 70 practice areas who have a high degree of peer recognition and professional achievement. The selection process starts with peer nominations, then moves on to peer evaluations and independent research. Ultimately, only five percent of attorneys are selected to be listed on Super Lawyers, and only 2.5 percent are chosen as Super Lawyers Rising Stars.
    Nico Apfelbaum founded Apfelbaum Law in 2015 to provide dedicated and personalized Florida legal services to residents of Port St. Lucie, Stuart, the Treasure Coast, and throughout the state of Florida. In only one year, the firm has grown to 3 attorneys and expanded its legal services to better serve individuals and businesses.  The firm helps clients with a variety of personal and business legal matters, including family and divorce law, business and contract matters, Florida probate law, and immigration.
    “I’m very pleased to be selected not only for Super Lawyers, but also as one of their 2016 Rising Stars,” says Nico Apfelbaum. “My goal has always been to provide my clients with exceptional legal representation, whether they need a Florida business lawyer, a Florida family law attorney, or an immigration lawyer in Florida. Becoming a Super Lawyers Rising Star only one year after starting my law firm—one year this month, in fact—lets me know that I’m doing good for my clients and motivates me to continue providing them with quality, personalized legal representation.”
    Apfelbaum Law is located in Port St. Lucie and Stuart, Florida, and serves clients in Port St. Lucie, Stuart, the Treasure Coast and throughout the State of Florida with a wide variety of Florida legal services. For more information, visit Apfelbaum Law at www.alawfl.com.

  • WHAT IS A REVOCABLE TRUST & WHY YOU MAY WANT ONE?

    A revocable trust is a document that allows you to manage your assets during your lifetime, and distribute them when you pass away. The creator of the trust is the “grantor” or “settlor,” while the person responsible for managing the trust assets is the “trustee.” The grantor or settlor can also act as the trustee, or can have some other person, bank or trust serve as your trustee. The reason this type of trust is “revocable” is because you can modify, terminate or make changes to it during your lifetime (as long as you are not incapacitated).
    The trust needs to be “funded” with your assets, but not every asset may be suitable for a revocable trust. There may be asset protection questions or other issues you may want to address with your attorney when preparing a trust.
    Revocable trusts have advantages over traditional wills (or can complement wills), and revocable trusts may help you avoid probate and save taxes at death. However, there are many factors that need to be considered before you decide if a revocable trust is suited for you or your loved ones.
    If you are considering drafting a revocable trust, adding a revocable trust to your overall estate plan, or have other wills, trusts and estate planning questions, do not hesitate to contact Apfelbaum Law for a free consultation. We service Port St. Lucie, Fort Pierce (St. Lucie County), Jensen Beach and Stuart (Martin County), and surrounding areas.

  • SHOULD I DO A CODICIL TO A WILL?

    A codicil is a testamentary document that amends, revises or in any other way modifies a Will.  When drafting a codicil, the attorney needs to have as much care and consideration as when drafting a Will; and the attorney and parties involved need to follow the same formal procedures as when drafting and executing the original Will.  The attorney needs to review the existing Will in order to properly draft the codicil.
    Although drafting a codicil may seem simple and cost effective (and it may certainly be!), there are times in which drafting a new Will may be more beneficial.  Circumstances that the client and attorney need to take into consideration when determining whether drafting a codicil or new Will is appropriate include:
    1)      When was the original Will drafted?  Estate planning and other laws change with time, and the original Will may be outdated.
    2)      Are there other codicils?  If the original Will has already been amended by one or more codicils, then it may be more organized, less confusing and proper practice to attempt to avoid issues in the      future to draft a Will rather than another codicil.
    3)      Where was the Will drafted and executed?  If the Will was drafted and executed in a state other than Florida and you are now making Florida your state of legal residence, drafting a new Will may be more beneficial and cost effective.
    4)      Was the original Will properly and validly executed?  While you may believe that the original Will was validly executed, issues may arise with the original Will that might make the original Will and, potentially, codicils invalid.  Thus, drafting and executing a new Will may be the safest alternative.
    The existence of computers may make drafting a new Will more cost-effective than drafting a new codicil; especially when taking into consideration the issues or circumstances presented above.
    If you are considering revising your Will, drafting a codicil or Will, or have any estate planning questions, do not hesitate to contact Apfelbaum Law for a free consultation.  We service Port St. Lucie, Fort Pierce (St. Lucie County), Jensen Beach and Stuart (Martin County), and surrounding areas.

  • I’M THINKING ABOUT DIVORCE: WHAT SHOULD I DO?

    Divorce is a hard decision that impacts all aspects of a person and its family.  The closure of a chapter in life is in itself a great emotional challenge; but divorce also involves many practical issues that must be resolved.

    For example, if the couple has minor children, a custody regime has to be decided: who the children will live with and what the visitation rights of the non-custodial parent will be.  Also, the economic aspects of a divorce should be determined: division of marital property, and spousal and child support.

    It is very important at this critical moment when your future economic conditions will be determined (and, if you have children, your relationship with them) that you have the support and advice of a Florida divorce attorney to ensure that your rights are upheld.

    Notwithstanding the filing of a divorce action, generally, the resolution of divorce can follow two paths: the negotiation of an agreement or the legal process of a contested divorce.

    The negotiation of an agreement consists of meeting with the other party (with or without the help of a mediator) to determine the claims of each other, and try to bring the positions closer and reach a mutually acceptable settlement.  This solution is shorter and less costly, both financially and emotionally, than going through the whole process of a contested divorce.

    However, it is very difficult for spouses to sit down and negotiate with each other while going through their divorce, which can lead to frictions or hostility resulting in the loss of opportunities to reach an agreement.  It is therefore important that negotiation is carried out with the guidance of a Florida divorce attorney, who not only has emotional objectivity of the situation but also has knowledge of the rights and obligations of each party, is accustomed to negotiating, and has experience in similar cases. The lawyer will advise you and will do everything possible to get you the best possible deal under the circumstances of your case.

    When it is not possible to reach an agreement between the parties, it becomes a contested divorce.  This means that the case will be submitted to the Court and it will be a Judge who, after analyzing the arguments and evidence of the parties, will decide on the key aspects of the separation.

    This process is likely long and complicated, and may also involve additional production of documents and confidential information, as well as allowing your divorce to be determined by a third-party: the Judge.  Temporary relief orders might be requested and granted, which can be immediate and continue until the end of the divorce.
    Few divorce cases actually go to trial.  In most cases, the parties reach an agreement at some stage along the long process described above through the efforts of the professionals from both sides, mediators and the Judge, or as a strategic decision in the foresight of an adverse result in trial.

    Each previous step can affect you later.  It is therefore essential that if you are thinking about the possibility of divorce, or have already made the decision, schedule a consultation with a divorce lawyer in Florida as soon as possible to receive legal advice on the laws that apply to your particular case.

    Therefore, if you need the services of divorce lawyers in Florida, or have any questions about any possible legal matter, Apfelbaum Law can help you.  We provide legal services in Port St. Lucie, Stuart, Vero Beach, the Treasure Coast and throughout other Florida counties.

    Contact Apfelbaum Law for a consultation to assist you in laying the foundations for a new chapter of your life in the most efficient and least traumatic way possible for you and your loved ones.

  • IS YOUR BUSINESS READY TO BECOME A FRANCHISE?

    When franchising your business, you are creating a system that allows others (called “franchisees”) to operate a business using your name, operating methods and standardized processes.   In other words, the franchisee is buying the rights to operate a clone of your business.  Although this allows you to have a great deal of control and uniformity in terms of operations and services provided, creating and maintaining the franchise system is not an easy process.
    Franchises are highly regulated by the Federal Trade Commission (“FTC”) and state laws.  For instance, the FTC delineates certain pre-sale disclosures and timing requirements (23 pre-sale disclosures at the time of writing this article), which necessitates extensive drafting and planning by the business, its accountant and lawyer.  Likewise, while Florida is not a registration or pre-filing state, Florida prohibits certain misrepresentations and imposes additional regulations for specific industries (such as recreational and motor vehicle dealers, beer distributors, and agricultural equipment).  A business considering the franchise route should also be wary of specific state laws such as those involving antitrust, deceptive and unfair trade practices, and non-compete laws.  Needless to say, taking your business to the franchise level may be a strenuous and expensive process, but the rewards may be worth it.
    Business owners may want to consider other options when seeking to expand their business or contemplate investors.  Among those options are the creation of joint ventures, partnerships or the sale of membership interests.  It is important, however, that you consult with an attorney when considering those options as your business relationship may end up being an “inadvertent franchise” and, thus, subject to FTC and state law requirements – failure to comply with these may subject the business and its owners to civil and criminal liability.
    If you are considering franchising your business, buying into a franchise, or seeking to expand your business, do not hesitate to contact Apfelbaum Law for a consultation.