How Gift Taxes May Affect Your Estate Plan
The Impact Gift Taxes May Have on Your Estate Planning Gift taxes are taxes on the transfer of property from one individual to another without receiving full value in return. This tax applies whether or not the donor intends the transfer to be a gift. Essentially, if you give property (including money), the use of […]
The Importance of Estate Planning for Blended Families
Estate Planning for Blended Families: What You Need to Consider Estate planning is crucial for all families, but it is especially important for blended families. A blended family typically includes children from previous relationships, which can complicate inheritance and asset distribution. Estate planning ensures that your wishes are honored and your loved ones are provided […]
How Do Prenups Impact the Probate Process?
Prenups and the Probate Process: What You Need to Know Prenuptial agreements are legal documents that couples sign before marriage to outline the division of assets and property in the event of divorce. While prenups primarily address matters related to divorce, they can also have implications for the probate process in certain circumstances, such as: […]
Probate Litigation: Addressing Disputes Over Digital Assets
Understanding Digital Assets in Probate In today’s digital age, the concept of estate planning has expanded beyond physical assets to include digital assets. However, the rapid evolution of technology has brought about new challenges in estate administration and probate. Digital assets encompass a wide range of intangible properties stored electronically, including but not limited to: […]
What Rights Do Creditors Have in Bankruptcy Proceedings?
What is Bankruptcy? If you’re a creditor and the person or business owing you money has declared bankruptcy, it’s crucial to identify which type of bankruptcy they have filed under. Each type is specified in a different chapter of the U.S. Bankruptcy Code: Chapter 7 Known as liquidation bankruptcy, Chapter 7 involves selling the debtor’s […]
What Business Owners Should Know Before Signing a Commercial Lease
10 Things You Should Know Before Signing a Commercial Lease Before you ink the deal on a commercial lease, it’s crucial to arm yourself with knowledge and prepare for negotiations. The following are key considerations every business owner should be aware of to ensure they are making an informed decision: 1. Total Cost Beyond the […]
Protecting Trade Secrets: Legal Strategies for Georgia Businesses
What Constitutes a Trade Secret in Georgia? In Georgia, the legal definition of a trade secret encompasses a wide array of information types that are invaluable to businesses and not generally known by the public. This can range from technical data, such as formulas and processes, to non-technical data, including customer lists and financial plans. […]
Estate Planning in Georgia: Why It’s Essential and How to Begin
Why Is Estate Planning Important for Everyone? Estate planning often gets tagged as something only the wealthy or elderly need to worry about. However, this couldn’t be further from the truth. Everyone, regardless of age or financial status, can benefit from having an estate plan in place. Estate planning ensures your wishes regarding your assets, […]
4 Disputes That Might Be Resolvable With Mediation
Resolving Business and Real Estate Disputes Through Mediation In business and real estate law, disputes are an inevitable aspect of the landscape. Whether it’s a contractual disagreement, a property dispute, or a partnership disagreement, these conflicts can often lead to costly and time-consuming litigation. However, an alternative method for resolving such disputes offers a more […]
Guide to Litigation Law: What Does a Litigation Lawyer Do?
Litigation Law: What Does a Litigation Lawyer Do? Litigation lawyers specialize in representing clients in civil lawsuits, which involve disputes between individuals, businesses, or other entities. Their primary role is to advocate for their clients’ interests throughout the litigation process, which typically includes pre-trial, trial, and post-trial phases. Litigation lawyers handle a wide range of […]
