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Businesses in Texas rely on others to make their business successful. They need customers and clients, but they also need other companies for supplies or services to be able to provide their own products and services. When interacting with these other companies and...
Your business is growing and gaining the attraction of other businesses that may give you may have an opportunity to engage in a lucrative merger or acquisition. Before jumping in, however, it is important to understand the four basic steps in the merger and...
One goal of many estate plans is to keep as much property as possible out of the probate process. For instance, some plans put property in a trust, so that it can be distributed to beneficiaries without the need to go through probate. It's also important to minimize...
If you own a business and decide to pass it on via your will, it’s because you care what happens to that business once you’re gone. You’re probably very particular about who you’d choose to be the business’ beneficiary, to ensure it continues to succeed. You may even...
In Texas, having a comprehensive estate plan that addresses all potential scenarios is important to protect loved ones. People think about the basics like a will, but there are other areas of estate planning to think about. Of course, when property and personal...
Over the past couple of years, the idea of waiving intellectual property rights for the sake of society or for “goodwill” has become popularized. In years past, most people did not even think about intellectual property, but now, it is not uncommon to see IP stories...
Businesses can peak or ebb in a lifetime, but with careful planning, they can remain viable across generations. Although not all Texas business owners want to keep a closely held business in the family, most would agree that minimizing the tax burden is a positive...
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