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BlogKeep up on what’s happening with the laws that impact you, your family, and your business.
Why You Should Consider Putting Your LLC into a Trust
The limited liability company (LLC) is a popular business structure that offers liability protection and avoidance of double taxation. Trusts are popular asset transfer vehicles that allow you to avoid probate and keep assets out of the hands of creditors. By placing...
What To Do After Divorce
Divorce can be a very painful and overwhelming process. After a divorce, people often overlook updates to their estate planning. Post-divorce an individual and their loved ones should consider reviewing the following documents.Don’t have a will yet? You are not alone,...
Protecting Your Adult Children’s Health and Finances
The following discussion is applicable to Georgia residents. If you have questions and live outside of Georgia, speak with an attorney in your state of residence as laws vary. As a parent of three young children, I always want to make sure they are cared for and...
Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust
Trusts are usually associated with estate planning, but trusts can also apply to business operations. As a small business owner, you can hold the business in a trust instead of using a business entity such as a limited liability company (LLC) or corporation. Business...
How to Protect Your Personal Assets as a Business Owner
As a small business owner who puts in long hours to build your enterprise, it can sometimes feel like there is no separation between your personal and professional lives. You are probably willing to make this sacrifice to build a company that reflects your values and...
What Happens to Your Business When You Die
You spend a significant part of your life building your business, and it becomes a major part of your legacy. But when you die, everything you have built could fall apart if you have not taken the time to create a business succession plan. Without a plan in place,...
How to Start Your Business Year Strong
It has been a tough couple of years for many small businesses, but, as the adage goes, what doesn’t kill you makes you stronger. Small businesses that survived the challenges of 2020 and 2021—the worst pandemic in US history, a nationwide labor shortage, supply chain...
Life Care Plans
A PERSONAL STORY ABOUT HAVING HARD CONVERSATIONS WITH YOUR PARENTS - My parents recently downsized from a five bedroom house to a three bedroom split level. My sister and I started having initial conversations about my parents moving three years ago. At first, my...
Risky Business
FIVE TYPES OF RISKS BUSINESSES FACE - Pursuing a business venture naturally involves risk. Eliminating all risk is not an option—there are many factors beyond your control, and it is impossible to prevent every circumstance that might deviate from your plans....