When starting a new business, an early decision involves choosing a legal structure for your operations. A popular choice for many is a limited liability company (LLC), which is relatively simple to set up and maintain. While an LLC is ideal for many, if not most,...
A will is the most basic document in an estate plan. It helps name beneficiaries and establish who gains from an estate. However, a trust is also susceptible to disputes, taxes and probate. In place, a testator may include a trust in their estate plans. A trust...
Real property has commanded a premium price in recent years. Every square foot of interior space and acreage increases the overall value of someone's real property. Many people will act to protect their investment or enhance it by adding improvements, like fencing or...
Starting a business venture is both exciting and stressful. Some things can go wrong, but you understand that with hard work comes success. Many entrepreneurs question whether they should have a sole proprietorship or consider a business partner. Understanding the...
Taking care of the testator's debts, managing their assets and dealing with beneficiaries for months to a year is no easy task. Not to mention, an executor may be liable for any mistakes. With so much to do, a person appointed as executor might wonder if they will...
In Texas, when starting a divorce, it's necessary to "serve" official divorce papers to your spouse. This crucial step informs your spouse about the divorce proceedings, allowing them to respond. Despite common misconceptions, just because divorce papers are served,...
Forming a business involves several aspects, including securing protection against unpredictable situations. Accordingly, business owners usually acquire business interruption (BI) insurance to protect their businesses from monetary losses due to certain events. If...
Divorce can be a lengthy and very complex process. The way that people approach divorce can make it even more complex and challenging to navigate. People are often either to streamline or simplify divorce, although they may not understand how to best achieve that...
Americans consider estate planning, or asset management in case of incapacity or death, important, but not urgent enough. As reflected in a survey, 67% of the nation still have not established their estate plans. Despite the COVID-19 pandemic magnifying how...
Even with someone in charge of an estate, like an executor, conflicts between beneficiaries may be unavoidable, especially when a huge inheritance is at stake. And because of the intricacies of familial relationships, estate disputes can make the members feel very...
