Blog Posts in March, 2016

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  • Florida's 2016 Alimony Reform

    Posted By Owenby Law, P.A. || 15-Mar-2016

    House Bill 455 seeks to overhaul and streamline Florida’s alimony rules. It is the Legislator's third attempt in recent years to revamp Florida’s alimony law. The new law seeks to end permanent alimony by limiting judges’ decision-making power in awarding spousal support by providing a predetermined formula for the amount of alimony a spouse can receive and for what duration. ...
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  • Lien Strip-Offs Abolished in Florida Ch. 7 Bankruptcies

    Posted By Owenby Law, P.A. || 14-Mar-2016

    Florida has struggled with the devastating effects of the 2008 financial crisis. As businesses lost revenue and consumers were hit with unemployment, pay cuts, and furloughs, property values plummeted throughout the state. Between 2007 and 2013, Florida cities quickly had the highest percentage of underwater homes, or homes in which property value is less than the mortgage debt, of any U.S. ...
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  • Owenby Law, P.A. Receives U.S. Flag from Grateful Soldier

    Posted By Owenby Law, P.A. || 9-Mar-2016

    Owenby Law, P.A. recently helped out a U.S. Command Sergeant Major serving overseas in need of veteran’s benefits. After resolving the matter at hand, our firm received a heartfelt letter of appreciation from Camp Arifjan, Kuwait. As a token of the soldier’s gratitude, Owenby Law, P.A. was presented with a Flag of the United States of America, which was flown in our honor on July 4, ...
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  • Homestead Law: A Legal Chameleon

    Posted By Owenby Law, P.A. || 4-Mar-2016

    What happens when a decedent’s homestead is larger than Florida’s constitutional size restrictions, but cannot be subdivided? When it comes to probate administration, this is an important question. In estates with friction between beneficiaries, creditor problems, elective share issues, or significant liquidity problems, this issue will have to be addressed squarely, but interestingly, ...
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