Launching a small business is more achievable in the modern business landscape, thanks to technological progress. Capital requirements are not excessive, and a collective of friends, even if they are not relatives, can collaborate to embark on this exciting journey....
Setting up a power of attorney involves appointing someone as your agent or attorney-in-fact. It is a role authorized to make financial or property-related decisions on your behalf under specific circumstances. Ideally, you already have a person in mind who can...
As an executor, you may have taken time to understand the estate you are required to manage and your duties in-depth. But you may still encounter some issues that may make your work more challenging. Here are four of them: 1. Disputes with beneficiaries You may...
Mediation has become a popular method for resolving complex business disputes in Georgia. Previously, when a business conflict arose, the preferred and typical remedy was to file a lawsuit and head to court. But in recent years many businesses have realized the...
Georgia operates under the "non-judicial foreclosure" policy, meaning a bank doesn't have to go to court to repossess a house. After the bank has repossessed the property through foreclosure, it typically wants to sell the property as quickly as possible to recover...
There could be several reasons prompting a small business owner to step back and transition out of their company. When this time comes, business owners need a careful evaluation of how they want to transition their company. One option that stands out is the prospect...
While establishing a business plan for a company appears administrative in nature, it actually has an underlying value that could benefit the business in its initial formation and in the long run. Besides creating a clear vision of goals and strategies, a business...
Serving as the executor of a will is a challenging task. The executor is generally responsible for managing your assets after your death and carrying out the final wishes expressed through your will. They might also have to oversee your funeral arrangements and pay...
If one or both of your parents have chosen someone to be executor over their estate, most likely they thought long and hard before they actually chose that person to act as the executor. Not only is it an honor to be chosen as the executor of the estate but the role...
When a deceased's estate enters probate court, the judge could appoint someone to represent it or serve as its administrator. It is a significant role with various responsibilities concerning the estate, including tax-related duties concerning the deceased and the...
