After the death of a beloved relative, you learned of the appointment of an acquaintance to administer your relative’s estate. Since that time, your concerns have only grown more urgent. You and your family may be worried that your relative’s estate has not been...
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Why children and their stepmothers often duke it out in probate
Estates often end up hotly contested in probate court for one main reason: Someone believes that the will doesn’t reflect the testator’s true wishes -- usually either because they believe the testator was subjected to undue influence or lacked testamentary capacity at...
Will the Mississippi courts enforce a non-compete agreement?
The people that you hire are a liability for your business. They could harass a co-worker or alienate a client, either of which could cost you money. They could cause an accident that hurts someone or damages your equipment. They might also leave your company to...
What are the 2 biggest risks you assume as an executor?
When you agree to serve as someone's executor, you know that you're going to have to give up a lot of your free time. It can be a thankless job, especially if the testator doesn't have enough property to actually compensate you for your work. Still, you may be happy...
Who does property maintenance when you lease a commercial space?
There are advantages that come from renting commercial real estate instead of purchasing it. There is less upfront investment required. There will also be greater opportunity to move to a different space when your needs change. Such flexibility is often crucial for...
What trustees and executors should know about fiduciary duty
People who plan their estates often include a compensation for their trustee or executor. After all, that individual has all the responsibility for carrying out their last wishes. You may have accepted this demanding role because you respect and care for the person...
What restrictive terms might occur in a commercial lease?
Commercial leases are much different than residential leases because of the nature of the industry. The leases that businesses sign are often much more comprehensive than leases for homes. There are several things that you need to check if you’re considering a...
Signs that you may have a risky business partner
When you and your business partner talk about risk, you’re probably thinking about the risks you decide to take with the company -- changing your focus, reaching out to a new audience, taking on more debt and so on. But what if your risk comes from your business...
Do you need a force majeure clause in your commercial lease?
Signing any lease means making a major financial commitment to a landlord, but commercial leases often have many longer-lasting consequences than residential leases. First of all, rent for a commercial space is almost always higher than rent for a comparably-sized...
What types of sibling disputes most commonly result in probate litigation?
If you have a sibling, then it's unlikely that things were always smooth sailing growing up. You likely fought from time to time, whether it was about who would get to sit in the front seat in the car or who did what chores. Conflicts between siblings don't end in...
