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Transfer on Death Deed: Answers to Commonly Asked Questions

By Thrash, Carroll & Vanway Law Group | November 7, 2022

In 2015, the Texas Legislature enacted a statute authorizing Transfer on Death Deeds (“TODD”). Similar to Lady Bird Deeds, which are a creature of common…

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Community Property vs. Common Law Property Assets

By Thrash, Carroll & Vanway Law Group | October 21, 2022

Texans know this, but for those of you who are new to Texas, now that you are here you may find you will hear the…

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Considerations Before Owning a Business with Your Spouse

By Thrash, Carroll & Vanway Law Group | July 28, 2022

Both running a successful business and having a successful marriage require commitment and hard work. Operating a business as a married couple can present its…

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For Better or Worse Why Marital Agreements are Important 

By Thrash, Carroll & Vanway Law Group | July 6, 2022

Often in these times of crypto, start-ups and other wealth creation, parents require and their children are willing to ask that anyone joining the family…

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Will? Trust? Why Not Both?

By Thrash, Carroll & Vanway Law Group | June 21, 2022

In my initial conversations with new or prospective clients, I am often asked whether the client needs a will or a trust.  As discussed below,…

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You Survived the April Tax 2022 Season. Did You Remember to File Franchise Tax Returns for Your LLCs?

By Thrash, Carroll & Vanway Law Group | June 13, 2022

Question 1: Does a Texas LLC need to file a Texas Franchise tax return each year, even in years when it has no (zero) gross income?…

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Importance of Trust Advisor provisions in a Revocable Trust

By Thrash, Carroll & Vanway Law Group | June 7, 2022

The most common type of trust used for estate planning is a revocable trust created by the client during his or her lifetime.  For the…

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