What Will Happen to the Business in Your Divorce?
Technically, the business you own is just another asset to be divided during divorce proceedings. A simple, closely held business is a much more complicated asset than a house or vehicle. A company has countless moving parts, including staff, tax obligations and licensing requirements. Not paying close attention to a business can result in its […]
Laying Out the Steps in a Georgia Divorce
The unexpected is what makes divorce stressful for many spouses. If you’re about to file, you probably want to know how much it will cost, how long it will take, and what the process actually looks like. While it’s impossible to know both the total cost and timeline of your divorce without a thorough assessment […]
Georgia Entrepreneurs: What Do You Need to Do Before Hiring Your First Employee?
There are only so many things you can do and hats you can wear as a business owner. Sooner or later, you must hire an employee to help shoulder the load. While this moment should be celebrated, you also have a lot of work to do before your first hire begins orientation. Tax and Legal […]
What Does a Trustee Actually Do?
A trust is one of the most common tools estate planners use to efficiently distribute property and assets to heirs and beneficiaries. Most people are familiar with a last will and testament, but the function of a trust and its key parties (grantor, trustee, and beneficiaries) are not always understood. This blog post will focus […]
Understanding the Difference Between Mechanical and Performance Royalties
To preface this post, we must point out that the state of music royalties and copyright law in the U.S.—and worldwide—is actually much more complex than a binary royalty system thanks to the advent of digital music services and other ways the music industry has evolved. However, for the purpose of this blog, we will […]
7 Boilerplate Provisions to Pay Attention to in Your Company’s Contracts
A boilerplate provision is a standardized term in a contract that usually appears near the end of the document in a section called “General Terms” or “Miscellaneous.” These are common clauses that pop up in almost every contract and dictate general practices. Despite how unassuming or routine they may seem, it is important to pay attention to […]
Do You Need a Will or Trust for Your Estate Plan?
Living trusts and wills share a few characteristics, but they are two distinct estate planning tools. Many individuals have preconceived notions that trusts are only for the rich and famous, but every single person needs a will. That’s not often the case, though. The purpose of this blog is to lay out the key differences […]
Should my Business Be an LLC or a Corporation?
If you are ready to take your business aspirations from dreams to reality, then CONGRATULATIONS! Starting a business is a very rewarding venture, but it is also stressful because you must establish your business in the most beneficial form so that you and your dreams are protected legally. Your options range from a simple sole […]
Contracts Every Production Company Needs
Production companies are important in television, film music, performing arts, e-sports and so many related industries. These companies, as well as the artists and creative professionals who provide entertainment services, have business relationships that are quite unique. Therefore, personalized contracts and agreements are necessary to ensure that every player’s promises, obligations and expectations regarding payment […]