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What is a Spouse Entitled to Inherit?

By MendenFreiman LLP |

Spouses have a vested interest in leaving as much financial security as possible for the other spouse once they are gone. Estate planning is the best way to accomplish this but not everyone creates an estate plan. The state has an interest in ensuring the surviving spouse receives a sufficient portion of the deceased’s… Read More »

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What to Expect With the Probate Process in Georgia

By MendenFreiman LLP |

There is a longstanding belief that going through probate is a horrific process, and the entire estate is at risk of being wiped out due to expenses and fees. While probate can be emotional and stressful, it does not have to become a nightmare, especially in Georgia. Compared with other states, Georgia offers a… Read More »

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Key Provisions to Consider in Governing Documents for your Business

By MendenFreiman LLP |

Are you ready to go into business with someone? That is excellent news, but make sure you are prepared — even when the other party is a longtime friend, family member, or business associate. Things can seem easy and reliable in the beginning; but like any relationship, there is a chance it will deteriorate…. Read More »

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Supreme Court Ruling Directly Impacts Georgia Law on Taxation of Trust Income

By MendenFreiman LLP |

In a decision that presents meaningful income tax planning opportunities for Georgia residents, especially business owners and wealthy families, the U.S. Supreme Court unanimously ruled in North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust, 588 U.S. ____, that North Carolina violated the due process clause of the U.S. Constitution… Read More »

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The Impact of a Business Partner’s Divorce

By MendenFreiman LLP |

Maintaining good relationships with business partners and other key personnel in a company is essential to smooth and effective operation and avoiding potential business law issues. For business partners and executives, a marital divorce among this group can detrimentally affect business operations. Advanced planning by the business and its owners is vital. Effective planning… Read More »

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When is it Time to Update Your Estate Plan?

By MendenFreiman LLP |

Estate plans — when structured properly — can help you accomplish many things. They allow you to maintain control of your assets, yet protect you should you become incapacitated. They take care of your family and pets. If carefully crafted, they reduce fees, taxes, stress, and time delays. Estate plans can even keep your… Read More »

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Are You a Small Business Owner? What Would Happen to Your Business if You Could No Longer Be There?

By MendenFreiman LLP |

Preparing for your possible incapacity or death is vital to the survival of your small business. Without proper planning,  your business could  be disrupted,  harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive financial planning, including creating business succession and estate plans, is key. Following are some helpful tips on… Read More »

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Three Legal Things to Do After a Scary Health Diagnosis

By MendenFreiman LLP |

A scary health diagnosis can be emotionally and logistically challenging. For instance, how do you take care of your family if you are physically incapacitated? In addition to working closely with your medical providers, consider these three legal tips: Check with your attorney to make sure your estate plan is up to date. Are… Read More »

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