What Is a Breach of Fiduciary Duty?
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 Ensures the Future of Your Business
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.
Do You Have a Business Succession Plan?
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.
What Are the Differences in Civil and Commercial Litigation?
Bloodworth Law is led by managing partner L. Reed Bloodworth who discusses the differences in civil and commercial litigation.
What is Civil 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.
What is Commercial Litigation?
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.
What is a Guardian Advocate?
Estate planning attorney L. Reed Bloodworth, the managing partner of Bloodworth Law, explains what guardian advocacy is and the duties of a guardian advocate.
Has Undue Influence Occurred in Creation of a Will or Trust?
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.
If You’re a Creditor to a Decedent How Do You File a Claim?
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.
What is a Guardian’s Role in a Will?
Orlando, Florida guardianship attorney L. Reed Bloodworth, managing partner of Bloodworth Law PLLC, explains why many decide to name a guardian in their will.
What Are the Responsibilities of a Personal Representative in a Formal Administration in Probate?
Orlando, Florida attorney L. Reed Bloodworth, managing partner of Bloodworth Law, discusses the legal duties that the personal representative has as well as the services they must provide in a formal administration in probate.
What is a Formal Administration in Probate?
Orlando, Florida probate and estate litigation attorney L. Reed Bloodworth explains the purpose of a formal administration in probate, and the requirements for creating one.