Deciding on the right business entity is crucial for your new venture, as it impacts taxes, liability, management, and long-term success. Each type offers Sole Proprietorship, Partnership, Limited Liability Company (LLC), Corporation, each with their [...]
Every business relies on capable leaders. Yet, when a key figure unexpectedly exits due to death, illness, or retirement, companies face uncertainty. Without a clear succession plan, chaos could occur. Family-owned businesses often grapple with [...]
Business partnerships inevitably encounter disagreements, which can range from minor disputes to severe conflicts jeopardizing the partnership's future. While immediate legal action might seem tempting, pursuing a compromise is often preferable. Burkhalter Law can guide [...]
For subcontractors, mastering the intricacies of Notices of Intent to Lien and preliminary notices are paramount in sidestepping payment hurdles. These documents, particularly vital in states like Georgia, serve as preemptive measures against delayed payments [...]
In the construction industry, "breach of contract" is a common term that holds significant weight. Let's break down what it means, the difference between major and minor breaches, how to file a claim, and how [...]
As estate tax laws continue to evolve, it becomes increasingly important to ensure that your assets are safeguarded for future generations. With emerging changes on the horizon, careful planning is necessary to mitigate potentially hefty [...]
Ensuring adherence to employment laws is crucial for establishing an equitable and just workplace. These laws encompass minimum wage standards, working conditions, and anti-discrimination policies, safeguarding the rights of workers. Complying with these regulations protects [...]
In the fiercely competitive construction industry, firms often face challenges when pursuing larger contracts due to limitations in financial capital, resources, and business contacts. To overcome these obstacles, many companies turn to joint ventures (JVs). [...]
A potential new rule from the Office of Federal Procurement Policy could mandate businesses collaborating with the federal government to disclose pay information in job postings. The rule aims to enhance pay transparency by requiring [...]
The intergenerational wealth transfer has begun, and baby boomers are poised to pass on over $68 trillion. Given the upcoming tax changes, we encourage our clients to carefully consider what implications this may have on [...]
An Asset Protection Trust is a strategic financial tool designed to safeguard assets from creditors and legal actions. Once assets are placed in this irrevocable trust, they can be shielded, preventing creditors from seizing them [...]
