Probate sounds like a scary legal term, but it is really just the legal process to finalize the affairs of a deceased person. It is a legal process that is governed by both state and federal rules, but it is a Texas court proceeding, which means it has all of the...
Month: April 2022
What are a personal representative’s rights to run a business?
For many Texans, creating an estate plan goes beyond determining how their personal assets like a bank account, real estate, sentimental items, automobiles and more will be distributed after death. While this is an important aspect of a comprehensive plan, other...
What is an application for determination of heirship?
The estates of Texas residents who die without a will must go through the probate process, which involves distribution of property to heirs. However, what happens if you do not know who the heirs are, or how much property each should receive? This type of situation...
Is a sole proprietorship right for your business?
As an entrepreneur, you have a lot of options when it comes to structuring your business. Settling on a business formation may not seem all that important, but it can actually have tremendous ramifications for your business operations and how any legal issues are...
Forming a limited liability company in Texas
Businesses come in different formats, and each format has its advantages and disadvantages. One of the most popular formats for small businesses is the limited liability company, or LLC. When forming an LLC in Texas, whether from the ground floor or formalizing a...
Financing a new business with the Small Business Administration
Texans who are planning start a business will need to understand the basics. Of course, there will need to be a product or service they believe will be marketable. Even with the best ideas, there are obstacles that must be overcome. One of the key challenges is...
What are the different options available for powers of attorney?
When you’re thinking about estate planning, there are many options available to achieve your goals. Some options will be more or less useful, depending upon your needs. A power of attorney is a very flexible option, with a number of different varieties to suit the...