Owning a business can impact every area of a person’s life. This is often true when the business is owned by a married couple. Married business owners must consider the ways in which their marriage […]
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The owners of a limited liability company (LLC) are called members. At some point, an LLC member may find that they want or need to withdraw from the LLC. That member, as well as the […]
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Capital Gains Tax Hike “The STEP Act” (Sensible Taxation and Equity Promotion Act) The White House is circulating a plan to raise $3.5 trillion ($3,500,000,000,000) in tax revenue over the next year to offset the […]
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Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling a business, the owner is […]
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Sample Case: Your Mother has a Living Trust. She is very detail oriented and has made sure she got a well-drafted Living Trust and either (a) placed all her assets in the name of the […]
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All Texans were impacted by the recent polar vortex that resulting in five sequential winter storms all within one week, though some more that others. Some were merely housebound for a week, while others lost […]
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Later this month we’ll be doing a Zoom presentation that covers the process for protecting your hard earned rental properties from creditors using Texas LLCs. This purpose of this blog post is to answer some […]
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When purchasing shares in a company, you should understand the potential risks and perks. What are the rights, privileges, and responsibilities of a shareholder? And how do you protect these rights once you have them? […]
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Sample Case With Copy of a Will: Simplified case below to illustrate the general rules. Your brother passes away and leaves all of his assets to you and your sister in equal shares under his […]
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Example Case Mama Texas has three children: (a) Bevo, (b) Reveille, and (c) Masked Rider. Mama Texas passed away and her only assets were bank accounts. Mama Texas intended for all her assets to be […]
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