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Bay Minette Office
126 Courthouse Square
Bay Minette, AL 36507
Phone: (251) 626-6696
Maps & Directions
126 Courthouse Square
Bay Minette, AL 36507
Phone: (251) 626-6696
Maps & Directions
Birmingham Office
1914 4th Ave North, Suite 410
Birmingham, AL 35203
Phone: (205) 582-1471
Is an Inheritance Considered Marital Property in an Alabama Divorce
/by Stone Crosby, PCIn Alabama, inheritances are generally considered separate property during divorce proceedings and are not subject to asset division. However, this classification can be challenged if the inherited assets were commingled with marital property or used for the benefit of the marriage. Alabama follows the principle of equitable distribution for marital assets, aiming to divide property […]
Navigating Supplier Disputes in Alabama Construction Projects
/by Stone Crosby, PCIn Alabama’s construction industry, supplier disputes can escalate from minor issues to major project roadblocks. Understanding how to navigate these challenges is important for construction professionals in the state. Effective strategies during a dispute include clear communication, thorough documentation, and familiarity with contractual obligations. Timely resolution of supplier disputes is essential for maintaining project timelines […]
Important Things to Know about Payment Bond Claims in Alabama
/by Stone Crosby, PCIn the construction industry, fair compensation is essential for contractors, subcontractors, and suppliers in Alabama. Understanding payment bond claims can mean the difference between financial security and potential ruin. Payment bonds are a type of surety bond that guarantees payment to subcontractors and suppliers on construction projects, providing essential protection against non-payment. Types of […]
The Valuation of Real Estate in an Alabama Divorce
/by Stone Crosby, PCDivorce is a complex and emotionally charged process that involves numerous financial considerations, one of the most significant being the division of marital assets, particularly real estate. In Alabama, where equitable distribution laws apply, marital property, including the couple’s home and investment properties, is divided fairly between spouses, but not always equally. This contrasts with […]
What Are the Legal Challenges of Public-Private Partnerships in Alabama Construction Projects?
/by Stone Crosby, PCPublic-Private Partnerships (PPPs) have emerged as an increasingly popular model for delivering large-scale infrastructure projects in Alabama and throughout the country. A 2023 report by the World Bank indicates a steady rise in the number of PPP projects undertaken globally, highlighting their growing significance. This popularity stems from the potential benefits they offer. By combining […]
Gifting to Minors in Alabama: The Importance of Careful Planning to Avoid Pitfalls
/by Stone Crosby, PCMinors, lacking the legal capacity to manage their own assets, require a strategic approach to ensure the gifted funds are not only cherished but also managed responsibly. Unplanned gifting can lead to a multitude of unintended consequences, potentially giving the child unrestricted access to the funds or even saddling them with unexpected tax burdens. The […]
Navigating the Corporate Transparency Act: What Alabama Business Owners Need to Know
/by Stone Crosby, PCThe Corporate Transparency Act (CTA) went into effect in January 2024 and may require your small business to report information about ownership to the government. The CTA impacts millions of businesses and knowing its new requirements and its potential impact is essential to avoid criminal and civil penalties. The Corporate Transparency Act (CTA), a significant […]
When Can Support Payments be Modified in Alabama?
/by Stone Crosby, PCChild support payments play a crucial role in ensuring that children’s needs are met following a divorce or separation. In Alabama, the court determines these payments based on various factors, including the incomes of both parents and the specific needs of the child. However, as life circumstances evolve, there may come a point when the […]
Understanding the Legal Aspects of Joint Ventures in the Construction Industry
/by Stone Crosby, PCIn the construction industry, joint ventures (JVs) have emerged as a powerful strategy for companies looking to expand their capabilities, share risks, and tackle complex projects. A construction joint venture is a collaborative agreement between two or more entities, often with complementary skills and resources, to undertake a specific project. While JVs offer numerous benefits, […]
Why Empty Nesters Need a New Estate Plan
/by Stone Crosby, PCAs your children grow up and leave home, you enter a new phase of life known as “empty nesting.” This significant milestone brings with it a range of changes and considerations, not least of which is the need to revisit your estate plan. An estate plan is a critical tool that ensures your wishes are […]