Perhaps the most important thing to do if you want to start a business with someone else is to make sure that you find the right partner to form that business with. The future success of the company depends on it, in many ways. While it’s common to pick friends,...
Alcoholism plays a role in the break-up of many marriages. In most cases, the alcoholic parent is denied any custody rights and allowed limited visitation, usually only if it’s supervised. That’s often the case if the parent has been abusive or neglectful. If that was...
Your heirs and beneficiaries are going to get your assets. Your estate plan dictates how this is done and what money and other assets go to specific individuals. But what about your debts? Do these also get passed on to the next generation? Could an adult child be...
A divorce represents a challenging and stressful time for spouses. Tough divorce negotiations could make the experience even more difficult, especially when the two parties remain far apart on many issues. Settling matters related to asset division and child custody...
Many business owners don't have a lot of energy or time to learn the intricacies of all different business formations to determine which one is best for their company when they're a one-person startup. At this stage, most business owners know that they have what they...
It is incredibly easy to procrastinate about the creation of an estate plan. After all, if you are still healthy and relatively young, you have hundreds of tomorrows in which to think about your own death. Why should you have to do it today? The simplest answer is...
In any creative business environment, opportunities abound -- but not all of them may align with your company’s current direction and goals. Some of the ideas or opportunities that come your way may even be a bit risky. That’s where a spinout can be helpful. Rather...
Probate disputes can be a massive issue for families. They often involve siblings, which is problematic on many levels. Not only do they disagree on what to do with the assets, but they may retain feelings of frustration and animosity even after things are sorted out....
The last two years have been difficult for many couples, and there have been predictions that the divorce rate is going to increase. What do the statistics tell us? First of all, there is the chance of a “bounce,” seeing as how the rate hit a new low in 2019. If the...
Ending your marriage can have a significant financial impact on your life. However, there are steps that you can take to minimize the damage that a divorce might have. For instance, if there is equity in the Texas home that you and your spouse own together, it may be...
