In the world of business, fiduciaries are advisors, directors, or representatives who are entrusted to access or control finances, business operations, or personal information. Because of the...
Just as partnerships, LLCs, S-Corps, and corporations are formed when starting a business, these entities must be properly dissolved if the business entity reaches a point where it can no longer remain in operation. You should seek the assistance of a Bry...
Chris Peterson Reappointed to Bryan Texas Utilities Board Chris Peterson, founder of Peterson Law Group, was recently reappointed to the Board of Directors of Bryan Texas Utilities (“BTU”). BTU is a municipally-owned electric utility that is ranked among the best in Texas in both rates a...
After a loved one has passed away, the last thing a family needs to deal with is a complicated and costly legal process. Probate and estate administration can be very time-consuming. The Bryan, Texas probate at...
World's Most Interesting Man I don't always hire a lawyer, but when I do, I hire Peterson Law Group
Needed a lawyer. Didn't hire Peterson Law Group. Needed a lawyer. Didn't hire Peterson Law Group.
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Hiring Peterson Law Group was a mistake. Said no one ever. Hiring Peterson Law Group was a mistake. Said no one ever.
If you are currently operating or planning to operate a business in Texas, one of your first concerns may be what form the business should take: partnership, corporation, or limited liability comp...
You used Legal Zoom to create your own will? You used Legal Zoom to create your own will? Tell me again about your years of legal experience
If you are starting a business or presently operating a business as a sole proprietorship or a partnership, you may want to explore the possibility of incorporation. The corporate form of business offers many advantages and...
Not everyone creates a will before passing away. Further, not all wills are presented to the courts for probate. In cases where no will was created or no will was presented for probate, an affidavit of heirship will ...
Hired a lawyer other than Peterson Law Group. McKayla is not impressed. Hired a lawyer other than Peterson Law Group. McKayla is not impressed.
If you are in business with one or more persons, you may have already formed a partnership even though you have no written agreement or other paperwork. Whether a partnership is the most advantageous structure f...
The Texas Probate Code outlines the process of probating a will as a Muniment of Title. A Muniment of Title is a scaled down probate proceeding that is available in limited circumstances. The will is still proven ...
A buy-sell agreement is a contract among business owners regarding how their ownership interests will be disposed of when one dies or leaves the business. The services of a Bryan business attorney are indi...
Compared to most states, it is quick and simple for lenders to foreclose in Texas. The whole procedure can take about three months. Therefore, if you are facing foreclosure, it is crucial that ...
What is the Medicaid Estate Recovery Program? If a person (age 55 or older as of March 1, 2005) of limited income received healthcare services through the government program Medicaid, the state of Texas has the right to ask for money back from their estate once they die. The Medicaid Esta...
What is a Texas Section 867 Management Trust? Section 867 Trusts are trusts which are authorized by Section 867 of the Texas Probate Code. Section 867 Trusts can be created by a court when there is a guardianship pending. The creation of an 867 Trust must be requested by the guardian or a...
What is a Texas Section 142 Trust? Section 142 Trusts are trusts which are authorized by Section 142 of the Texas Property Code. Section 142 Trusts can be created by a court when there is a lawsuit involving a minor who has no legal guardian or an incapacitated person who is represented b...
What is a Texas codicil? A codicil is simply an amendment to a will. They are typically used for minor changes to a will. For example, a codicil might be used to change the executor appointment when no other changes to the will are needed. If you need a Conroe Texas estate planning att...
A 1031 exchange is a tax planning strategy that allows individuals to defer capital gains taxes. Real estate investors may qualify for this type of exchange when they sell a property and reinvest the proceeds in a “like-kind” property.
What happens if I revoke a codicil in Texas? In general, under Texas law, if a codicil is revoked, the original will is reinstated as if the codicil never existed. A codicil can be revoked in much the same manner as a will – it can be destroyed, cancelled or have another executed writing ...
Storing Your Will After executing their wills, clients of our College Station estate planning firm often ask us where to keep them. You should keep the original of your will in a safe location where your executor or beneficiaries can easily find it after your death. There are several g...
In Texas, a court can appoint a guardian for a person who is incapacitated. An incapacitated person is an adult who, because of a mental or physical condition, is unable to provide for his or her basic needs, care for his or her health, or m...