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There are a lot of ways to approach your estate planning. The strategy that you take is going to depend in large part on what you hope to get out of the process. If you want to support a charitable cause, you may want to use a charitable remainder trust. But what can...
In Texas, people who want to start a business have multiple options when deciding on what formation to use. Depending on the product or service they are selling, their financial situation and goals in general, the choices can vary. One strategy that can be very useful...
While investing in a franchise seems like a simple and straightforward way to enter into the business community, there are many issues that a qualified law firm can help a future small business owner navigate. Franchises in Texas can be extremely expensive and most...
You may have a great deal of pride in a business that you built from the ground up, but most people do not want to work their entire lives. Retirement is the goal for many workers in Austin, but what happens to your business after you retire or if you suddenly pass...
Many Texans don't have a will. In fact, a report last year showed that nearly half of adults in the United States don't have a will. If you were to ask some of these people why they don't have a will or any estate plan, you'll probably hear that they don't think they...
When you plan your estate, you make many decisions. You also designate people and businesses to provide services for you, like healthcare proxies, power of attorneys, guardians, conservators, executors, trustees and more. Each designation has its own set of...
Many Texas businesses will benefit by forming a partnership. This can bring in people who have different skills to add to and enhance the business, gear it up for success and share the risk. However, there are certain laws that are in place in the Lone Star State that...
Music fans have been paying attention to recent headlines about multi-million-dollar deals to sell the catalogs of major artists. Earlier this year, Warner Chappell announced it was buying the publishing rights to the late David Bowie's catalog for an amount that was...
People in Texas may agree to be an executor of a will for a number of reasons, but usually it is because they are close to the person asking them. It is usually not because they have any specific knowledge of their responsibilities as an executor. Executors’ main...
There are many providers of ready-made legal documents that businesses in the Austin area may use. Admittedly, many of these providers ensure that these do-it-yourself documents, corporate bylaws, business contracts, commercial leases and the like, get reviewed by an...