Widerman Malek Law Blog

Finalizing Business Agreements – What Willie Taggart and Florida State Can Teach Us

As a Florida State University alumnus, a recent news topic caught my attention. According to reports, the FSU Seminoles former head football coach, Willie Taggart, was possibly fired without the execution of a formal contract. Allegedly, the only document memorializing the university’s hiring of Taggart was a nine-page letter of agreement. Of course, if that […]

What New Real Estate Investors Should Know About Wholesaling

Real estate investing should be part of every wealth-building strategy. In Florida, we’ve enjoyed a hot real estate market for several years after recovering from the historic crash and global recession of a decade ago. A popular investing strategy, especially for new investors, is called wholesale investing or “wholesaling.” I have represented investors who have […]

SBA Proposes Consolidation of Federal Contracting Assistance Mentor-Protégé Programs

The U.S. Small Business Administration (SBA) has proposed a rule of merging two of its current federal contracting assistance programs, the 8(a) Business Development Mentor-Protégé Program and the All Small Mentor-Protégé Program, in order to eliminate confusion and remove unnecessary duplication of functions within the SBA. The 8(a) Program is for small businesses owned by […]

What Is the Purpose of a Lady Bird Deed?

Many individuals wish to pass their property down to their heirs without probate. One way to do this is with a life estate deed where the owner retains possession of the property while they (or another person) are alive, and then another person becomes the fee simple owner of the property. However, this type of […]

EB-5 News: Double or Nothing for Foreign Investors

USCIS recently raised the stakes for foreigner investors hoping to gain permanent residence status in the United States through the EB-5 program with a new rule announcement. Starting November 21, 2019, foreign applicants to the EB-5 Immigrant Investor Program will be required to invest $900,000 in a “targeted employment area” (TEA), a sharp increase from […]

The 2021 Diversity Immigrant Visa Program Is Ready For Applications – Are You?

The Department of State (DOS) will be taking applications for the 2021 Diversity Immigrant Visa Program beginning 12:00 pm (ET) on October 2, 2019, and will continue until 12:00 pm (ET) on November 5, 2019.  According to the DOS, 55,000 Diversity Visas (DVs) will be available this year. If you are seeking a Diversity Visa […]

Goodbye DUNS, Hello SAMMI

In November 2020, DUNS will be replaced by the Sam Managed Identifier (SAMMI) which will also be known as the Unique Entity Identifier (UEI). While the DUNS was proprietary to Dun and Bradstreet, the new number will now be owned by the Government.  This will allow for this service to be competitively sought in the […]

Lowest Price Technically Acceptable (LPTA) Solicitations Severely Restricted

On October 1, 2019 a new Defense Federal Acquisition Regulation Supplement (DFARS) provision 215.101-2-70 will go into effect which significantly limits a Contracting Officers ability to use a Lowest Price Technically Acceptable (LPTA) solicitation.  The LPTA process prioritizes cost over technical capability and allows the agency to make an award to the lowest-priced offeror that […]

FedBizOpps is Undergoing a Transition

The Federal Business Opportunities website (FBO.gov), along with all the other government wide acquisition systems managed by the Integrated Award Environment, is being modernized and consolidated under the “beta.SAM.gov” system. This consolidation will provide not only better security, data quality and convenience for users, but will also reduce barriers for doing business with the government, […]

Foreign-owned companies must have U.S. employer identification number

Can someone who is not an American citizen, or a resident of the U.S., form a corporation or LLC in Florida or any other state? The answer is yes. There is no requirement that the owners of an entity registered in the U.S. are American citizens or residents of this country.  However, all U.S. registered […]

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