With colleges reopening and young adults heading off to college, now is a good time to think about estate planning for both the parents and students. Though, many times, the idea of estate planning, or even updating an estate plan, can be daunting. In reality, it is a...
Year: 2021
What to consider when choosing an executor for your estate
After working with an attorney to create an estate plan that covers all contingencies, one question remains: Who should be the executor? This is an important decision, because the executor will administer your estate for you after you pass. In this post, we will look...
What are the benefits and drawbacks of a sole proprietorship?
In Georgia, it can be exciting to start a business. The prospect of working for oneself gives a certain level of freedom. However, it is not without its risks. Whether the person is selling a product, providing services or is serving as a go-between for others, there...
Dissolving a business in Georgia
When a business owner first opens a business, dissolving the business may be the last thing on their minds. However, many business owners end up having to make the difficult decision to shut down their business due to financial difficulties or personal matters....
Mediation as a cost-effective method of dispute resolution
Getting a business off the ground can be a challenge. Even a Georgia resident with the best idea may struggle to find financing and partners to help them grow their fledgling entity. Many businesses fail within their first few years, and those that do survive often...
There are many different ways that people challenge wills
There are few guarantees in life for people in Georgia. One of those few guarantees though is that everyone will pass away at some point in time. People may not know when or how they will pass away, but it is inevitable. It is also something that people do not like...
When should I update my estate plan?
Once you create an estate plan, you may feel great peace of mind that you have accomplished this underappreciated, yet essential part of planning for the future. If you are a parent with younger children, you might not think about your estate plan again for years. Yet...
Understanding severance agreements
When a business offers a severance agreement to an employee who is leaving the organization, it may outline the financial terms for his or her departure and also address insurance benefits, job assistance and other items. Businesses may offer severance agreements to...
Understanding title insurance in a Georgia real estate sale
Many first time Georgia home buyers are often puzzled by an entry in the section called “Buyer’s Costs.” The entry is “title insurance.” This entry may also appear in the tabulation of buyer’s costs in a commercial real estate transaction. The individuals who conduct...
Why having a business plan is so important
Many Cummings area residents have a dream of starting their own business. Being a business owner is an experience that can be life changing. But before a person jumps into a business venture it is important to spend time creating a business plan. It can a risky...