A breach of fiduciary duty occurs when one party’s position or action breaches a duty of trust owed to another. A breach of fiduciary duty is a serious legal accusation that occurs in the management of a trust or an estate.
A succession plan is a strategy to prepare a business for all contingencies including the owner’s death, a partner’s divorce, incapacity, partner buyouts, selling the business—or parts of it.
A succession plan is included in a business operating agreement at the inception of a business. It allows a business to continue running smoothly in the case of CEO’s death or a change in partnership.
Bloodworth Law is led by managing partner L. Reed Bloodworth who discusses the differences in civil and commercial litigation.
When two or more parties are involved in a legal dispute, it’s considered to be civil litigation when one side is said to have committed a wrong, but not a crime.
Commercial litigation describes legal disputes that might arise in the context of business between one or more commercial entities that are governed by state and or federal corporate law.
Estate planning attorney L. Reed Bloodworth, the managing partner of Bloodworth Law, explains what guardian advocacy is and the duties of a guardian advocate.
Orlando, Florida attorney L. Reed Bloodworth, managing partner of Bloodworth Law, explains what undue influence is and what will happen when undue influence may have occurred during the creation of a will or trust.
Probate & estate litigation attorney and managing partner of Bloodworth Law, L. Reed Bloodworth goes through the process of filing a claim as a creditor to a Florida decedent.
Orlando, Florida guardianship attorney L. Reed Bloodworth, managing partner of Bloodworth Law PLLC, explains why many decide to name a guardian in their will.
