Divorce comes with significant implications not only for your future but also for the future of your assets and dependents. As such, it is critical that you review and revise your estate plan as soon as you decide to dissolve your marriage. Here are four updates you...
Blog
Wells Peyton & Partain, L.L.P. Blogs
Can you still be close to your ex’s parents and family after your divorce?
Many big changes typically take place in your life after you get divorced in Texas. You may need a new place to live. You might have to rearrange or shore up your personal finances. If you have children, you have the challenging task of guiding them through this...
Drafting a partnership agreement? Include these items
Business partnerships are often compared to marriages because when they are good they work very well. But when they self-destruct, just as in a marriage, the fallout can be devastating. If you are contemplating entering into a business partnership, please consider...
Did you know that the law allows an LLC to gain capital?
New business owners in Beaumont and other parts of Texas may want to learn more about how a limited liability company can go about raising funds. There are some differences between what an LLC may do compared to a large corporation, and the sources of capital are...
Dealing with your intellectual property rights when drafting your estate plan
If you're a songwriter, inventor, artist, author or some other creative person who owns intellectual property (IP) rights, then you'll need to plan for what you'd like to happen with them when you pass away. Of the four most common intellectual property rights,...
How does child custody work in Texas?
When parents get divorced, their top concerns usually center around custody of the children. In Texas, custody this issue is handled a bit differently than custody in other states. The more you understand about how things work, the easier it will be for you to...
Why legacy planning should be part of your estate planning
Once you get into the process of developing your estate plan, it can be easy to be consumed by making sure that you’ve accounted for all of your assets and put the right documents in place to leave them to your heirs and beneficiaries. It can be a complicated process...
Can medical providers ignore your advance health care directives?
When you take the time to include advance health care directives in your estate plan, you probably assume that medical providers will always comply. In most cases, that is what happens. Since your estate planning documents are legally binding, doctors and medical...
Should you form a new business as an LLC or a corporation?
There are many great reasons to form a new business in Texas, but first, it's a good idea to understand what type of company you want to create. Two popular options are to form an LLC or a corporation. To help you learn the best option for your new business, here are...
4 signs that your spouse has become a divorce bully
You probably know this by now, but divorce can bring out the worst behavior in people. Emotions usually run hot in both spouses during such a difficult time. Some people manage to work through these heightened emotions without causing additional hardships in their ...