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When creating an estate plan, many Texas residents plan to rely on their family members. For instance, they may select one of their adult children to serve as the executor of their will. Some may choose the same person to act as their trustee. However, the positions...
When business owners face litigation, it obviously causes concern. The first thought is usually “How much is this going to cost me?” That is a very important question, but the stakes could be even higher than money. Some business owners must worry about losing their...
Conversations with your family or loved ones about estate planning can be challenging, since they involve difficult subjects. No one wants to think about their family members passing away and talking about financial topics can lead to conflict. However, having an open...
When starting a new business, you can face many obstacles: finding real estate, hiring employees, drafting a marketing plan and more. Before you even start with these important big-picture items, you must consider which business entity structure works best. Wait,...
Estate documents help assure that your wishes are carried out after you die or if you are incapacitated. But wills, powers of attorney and health care directives are effective only if you select competent individuals to serve as your executor, power of attorney,...
The excitement that accompanies the founding of a new business can often obscure some necessary planning decisions. One of the most important questions is planning for the orderly transfer of the ownership and control of the business in the event that the founder is...
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