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The basic definition of a partnership is simple: Two or more people who associate to carry on business for profit create a partnership. The most valuable instrument in the partnership, the written partnership agreement, legally binds all partners. The agreement...
Securing talent in today’s labor market is tough. Those who are seeking employment have a lot of options at their disposal, which means that they often have the upper hand when it comes to negotiating an employment arrangement. However, one way that you can entice top...
An estate plan is not set in stone and should evolve with the estate planner’s life. For that reason, estate planners should understand when to take a second, or third, look at their estate plan because their lives and needs change over time and their estate plan...
Many Texas businesses supply products or services to other businesses instead of directly to consumers. As with any other transaction, the business that provided the goods or services expects to get paid for them. On the other hand, in business-to-business...
In Texas, probate can be a difficult aspect of the law, especially in the aftermath of the death of a loved one. In some cases, people might want to use a simplified process if the situation calls for it. The Lone Star State has its own unique type of simplified...
Like other states, Texas has a process through which a creditor may file a claim against the probate estate of someone who has died. The point of the process is for a creditor to collect a valid debt that otherwise would go unpaid. It is not just people who are owed a...
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