A Note From Paige
Season of Growth
I can’t believe it’s March already. Spring is upon us! Seasonal changes are not just for the weather. Just like the cycle of life, your business can experience growth and change over time or in cycles. When progress happens, whether it affects your age or your bottom line, it’s important to be prepared. I can help you determine whether you are taking the steps necessary to protect assets you bequeath to your beneficiaries, and ensure your loved ones are spared the complex process of probating an estate without a Will. As with life, businesses experience changes that may affect legal requirements for operation and reporting. I can help ensure you are taking the appropriate legal steps to comply with existing and updated state laws. To schedule an appointment, contact me at firstname.lastname@example.org.
Wishing you a peaceful and prosperous Spring,
What do I need to do NOW
to prepare for tomorrow?
The blooming of spring reminds us that change is constant, so how do you prepare for changes in your personal life or business? The answer is with just a little preparation.
Changes in Your Personal Life
If you don’t have basic estate planning documents such as a will, power of attorney, guardianship for minor children, or health care directive, I highly recommend you take this critical step to protect yourself and your loved ones. The State of Georgia has an estate plan for you if you fail to specify your own. Don’t leave those critical decisions up to the State. Please reach out to us to get started.
If you have existing estate planning documents, I recommend a professional review every two years or when a major life change event has occurred. If you have experienced a change in your family relationships (such as an engagement, marriage, birth, adoption, divorce, death, or changes regarding a beneficiary), changes in economic or personal conditions (such as significant variations in asset values, insurability, employment, business interests, health or retirement), or external changes (such as tax laws, residence, or death of a named executor, trustee or guardian), I recommend we review your documents and possibly update them accordingly. We can handle updates in a variety of ways, including but not limited to, amendments, codicils or new documents.
Changes in Business
If you are a business owner, you’re just emerging from a busy first quarter. Not only were your corporate taxes, licenses and annual registrations due, you had a business to run! Your corporate structure offers a measure of protection from personal liability, but only if you follow certain legal requirements. You must have written documentation, typically done annually, of important business developments and decisions. It can be incredibly challenging to keep up with all the paperwork, including following corporate formalities, whether you are a brand new start-up or a seasoned business owner. The failure of a corporation or limited liability company to follow these formalities can result in a piercing of the corporate veil of protection, thus resulting in personal liability.
When you need assistance with these legal requirements or annual corporate formalities, we are happy to help. It is also particularly important to properly handle changes (or anticipated changes) in the structure, organization or ownership of your business. My firm specializes in closely held business needs including employment agreements, employee manuals and training, confidentiality/non-compete/non-solicitation agreements, business divorces, business succession plans, addition or removal of owners, service as registered agent, subcontractor or materials agreements, and corporate organization or structure concerns. Let us know how we can help with these business matters to keep you and your business in the best shape possible for the future.
Whether you have a growing family or business or are growing older, I can help you sort out the legal details that ensure your assets and wishes are protected
. Please contact me
to schedule a meeting, and browse the questionnaires in the sidebar or on my website
for additional information about how to prepare for our meeting. ∎