The Importance of Family Business Succession Planning
An effective business succession plan will give the business an opportunity to maximize its assets, minimize tax liability and always sustain a seamless running of the business.
An effective business succession plan will give the business an opportunity to maximize its assets, minimize tax liability and always sustain a seamless running of the business.
This past year has taught all of us that tomorrow cannot be taken for granted, leading to an increasing number of people to plan and many more to recognize the need to speak to parents about doing the same. If you are an adult child trying to figure out how to talk to your aging mother or father about estate planning, let the following five tips serve as a guide.
If you are planning a move to Texas or have recently arrived to the state, updating your estate plan is an important item to add to your to-do list. Legal requirements related to estate planning … Read more
Silver linings of the Covid-19 pandemic are few but one worth underscoring is the lesson we have all received in not taking anything for granted. This past year showed that, indeed, no one knows what … Read more
Having both medical and financial powers of attorney in place has never been more important. The Covid-19 pandemic presents a threat to all of us, regardless of age or health. This is a tragic and frightening fact and while being prepared does not erase it, it at least eases some of the burden.
Can A Trust Own Property In Texas Trusts are not just something that rich celebrities or bankers do. Anyone that has property or assets can set up a trust. You can set up a trust … Read more
Heirship Affidavit Texas Two things must be true for an affidavit of heirship to be used. That is the decedent died without a Will and the decedent’s only asset when the decedent died was real … Read more
What’s The Average Cost Of A Making A Will? How Much Will A Lawyer Charge To Write Your Will? Knowing how much it will cost you to make a Will, can give you peace of … Read more
The Rules To Probate A Will In Texas Do I Need A Lawyer To Probate A Will In Texas? People named as independent executors for a Will do not always know how to probate the … Read more
Small Estate Affidavit For people that do not have a substantial estate, going through probate seems like a waste of money and time. For example, some people only own a family home and a bank … Read more
Legalzoom Will Review Legalzoom just like any other DIY document preparation service makes it seem like preparing a Will is as simple as filling in blank spaces in a form. People go to sites like … Read more
Blank Will For Texas A significant number of people view fill-in-the-blank Wills as a cheaper and quicker way to make a Will. But the problem with these types of Wills is most people do not … Read more