Many of us are fond of the old saying that a person's home is their castle, meaning that no one else has any right to use another person's real estate. However, that isn't necessarily always true. In some cases, another party may have the right to use part of a...
Generally speaking, an offer to purchase a piece of real estate is going to have a contingency clause. This can be true for both commercial and residential purchases. These clauses are used to protect the potential buyer. For example, perhaps you already got pre...
Once you have made an estate plan, you might believe you can just pat yourself on the back, safe in the knowledge that you have taken care of everything. However, like any plan, if you are the only one who knows about it, everyone else will be surprised to learn what...
Mediation is a dispute resolution method that allows businesses to settle issues among themselves, while saving business relations, time and money. However, despite it providing parties control over the settlement terms, mediation requires a neutral third party to...
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...
