Apr. 18, 2016

The Technicalities of Creditor Claim Deadlines in Florida Probate Estates

By Jeffrey Fauer

Creditor claims are a common source of litigation in probate estates.   Whether large or small, almost every probate estate has a creditor that files a claim.  Creditor claims are typically based on the debts of the decedent that arose prior to death, and can range anywhere from a claim by American Express for unpaid credit card bills, to a claim by a former business partner for payment of principal and interest on a multi-million dollar promissory note.

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Tripp Scott Tax Team Raises Flag On Proposed Tax Law Changes

The United States House Ways and Means Committee recently released a proposed legislative bill that would make substantial changes to current tax law that will significantly affect corporations, partnerships, and high-income individuals. The newly proposed tax legislation is part of the larger budget reconciliation bill that is actively being considered by Congress. If the bill is passed, two key changes to current tax law would become effective retroactively to September 13, 2021, with the vast remainder of changes becoming effective as of January 1, 2022, or upon passage of the bill.

Tripp Scott's Ed Pozzuoli Named one of Florida Trend’s Florida 500

FORT LAUDERDALE, Fla., October 13, 2021 – Tripp Scott today announced that Ed Pozzuoli, CEO of Tripp Scott, was named one of Florida Trend’s Florida 500.

An Unconditional and Irrevocable Personal Guaranty Not Always the Case When a Bankruptcy Court Is Involved

On Aug. 19, the Bankruptcy Court for the Eastern District of Wisconsin issued a decision that serves as a warning and a reminder for business and individuals alike who obtain personal guarantees as part of their business dealings. Indeed, an unconditional, absolute and irrevocable personal guaranty may not be so after all.

 

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