An entity is a being that physically exists and is largely self-contained. Relating this definition to businesses, a business entity is both the fact and form of a commercial, corporate, non-profit, or other institution. Your Conroe business attorney will help...
Business groups and labor advocacy groups in the Austin area have united in a common goal: Root out construction companies who undercut the competition by cheating. According to the protestors, some construction com...
Estate planning is essential for anyone who possesses assets wants to ensure that they are distributed among chosen heirs in case of death. Trusts are among the most effective components of estate planning, and a Conroe trust attorney can help you decide which type is bes...
Under Texas law, the parent-child relationship extends to every child, whether the parents were married or not. If a person dies without a will, the estate passes to the person's descendants according to the laws of intestate distrib...
Whenever individuals enter into a business arrangement, it is important to set up an agreement, or set of guidelines, by which to conduct the enterprise. A well-designed partnership agreement can help prevent disputes and other issues later on. It is in ...
A person's estate is his assets. These assets take the form of bank accounts, real property, personal property, stock holdings, interest in a business, etc. When a person dies parts of the estate—or all of it—may be subject to probate. Working with a Conroe p...
We all know property can have one owner or multiple owners. What you may not know is that property can be owned in different ways. When two or more people own property, whether it is land, a bank account or other assets, one way the property can be ...
We've devoted several articles lately to distinguishing which assets are considered part of an estate after a person passes away and how to avoid probate for some or all of your assets prior to death. Those questions come up frequently...
A probate court is a court that is designed to handle matters of wills, estates, trusts, etc. It is separate and distinct from civil and criminal courts, and carries its own set of rules and procedures. It you are in need of probating a will, a Conroe probate atto...
A Miller Trust is a tool that can be used to spend down income in order for an individual in a retirement home to qualify for Medicaid. There are some very stringent restrictions on setting up Miller Trusts .
The short answer to this question is no, but a more accurate answer is it depends on whether the deceased wanted to avoid probate for some assets and, if so, how much advance planning was done. A well-structured, comprehensive
Revocable Trust Taxes Revocable trusts have their uses in estate planning, but avoiding taxes is not one of them. The main value of revocable trusts is that they help avoid probate, which can be a long, drawn out process. If you are looking for a means of avoiding taxes on your estate, a ...
Assisted reproductive technology (ART) is generally understood to include any treatment intended to relieve the burden of infertility for patients. Treatment methods involve handling the sperm, the egg, or both, outs...
Probate is the means by which the estate of a decedent is prepared to be distributed. Probate generally has a negative image, in large part because it can hold up distribution to anxious heirs as material matters are decided by the court. A College Station probate a...
Last Friday, a U.S. District Judge in Austin ruled in favor of abortion activists and struck down a Texas law slated to go into effect on Monday, September 1, 2014. The law would have required abortion clinics to meet the same regulatory s...
What Is Estate Planning? Estate planning is, at its essence, simply the plan for how you wish your assets to be distributed upon your death. A common misconception is that estate planning is for older or wealthier individuals; however, everyone can benefit from estate planning. Your Colle...
A subchapter S corporation, or S corporation, is a corporation that shares certain features and advantages of partnerships. There are limitations and exclusions, however, so it is best if you consult with a College Station corporation lawyer before de...
A limited liability partnership (LLP) offers the benefits of a partnership with reduced personal liability, making it ideal for professionals in high-risk industries like law and accounting. Unlike general or limited partnerships, all LLP partners share control but are only liable for their own actions, not those of others. LLPs also provide tax advantages, management flexibility, and professional credibility. Consulting a knowledgeable Conroe partnership attorney ensures proper setup and compliance tailored to your needs.
The term “probate” seems to have come to be synonymous with unnecessary bureaucratic red tape and legal ineffectiveness. This could not be further from the truth, however, for probate is a very important component in the division of estate assets. A College Statio...
The instructions you leave for your final arrangements can be as detailed as you want them to be. You can plan and pay for your funeral well in advance of your death if you choose. Some people have a few special instructions and lea...
How Much Does a Living Trust Cost? Living trusts are for some people excellent estate planning tools. While a living trust does not eliminate the need for a will, it does facilitate the probate process later, and still allows for use of the assets if you become incapacitated. A Conroe Liv...
This question frequently comes up among family members after a loved one passes away. If you're lucky, your loved one made plans for final arrangements prior to death and either prepaid the expenses or set aside sufficient funds for that purpose. On th...
Limited liability corporations are very popular as alternatives to incorporation. The LLC allows you to enjoy certain tax advantages while retaining the protection against personal asset liens that corporate entities possess. If you are considering an LLC, it is a g...
How to Obtain a Power of Attorney The power of attorney is an important estate planning document which allows for another person to make certain decisions for another. There are several types of these powers, each of which will be mentioned in what follows. If you need to obtain power of ...
For most any large business, a corporate lawyer is as necessary as a good accountant. Your Bryan TX Corporate Attorney can attest that corporate lawyers act in a service capacity to companies, and are essential to many business transactions.