Author Archives: Akridge & Balch, P.C.

About Akridge & Balch, P.C.

A full-service law firm serving all of East Alabama. Business and corporate law, financing, estate planning, elder law, real estate, landlord-tenant, bankruptcy, litigation, and family law. "No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers."

Paying Overtime and Exempt Employees

Many businesses run the risk of having to pay substantial amounts for back wages, interest, and penalties if they run afoul of the federal laws on minimum wages and overtime pay. Generally, unless an employee fits within one of the … Continue reading

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Pitfalls of Being an Executor

As a general rule, the executor of an estate does not have personal liability for the debts and obligations of a decedent.  Lest executors become complacent, however, they should be aware of an important exception to that rule, which was … Continue reading

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Mediation: Good or Great?

Mediation is a process used to resolve all types of disputes before or during litigation. A trained and independent mediator is hired by the parties (or appointed by the Court) to make an intensive and concentrated effort to get the … Continue reading

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Starting a New Business in Alabama

Protecting your personal assets and family wealth is a primary reason for creating a new legal entity under which to conduct business.  If you don’t, claims against your business can reach your personal assets.  Even if you are just a … Continue reading

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Private Reverse Mortgages

Reverse mortgages, usually obtained from financial institutions, allow people who are at least 62 years of age to convert their home equity into cash, which is received by the homeowner either as a lump sum, a line of credit, or … Continue reading

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Organize Your Estate Planning Documents

If, like so many, you are prone to disorder in the keeping of important documents, assuming that you keep them at all, you may be well past due for a makeover of your estate plan and your end-of-life instructions.  It’s … Continue reading

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