Securing your financial future and ensuring your wishes are honored begins with selecting the right trust. Whether you're looking to pass wealth to future generations without lengthy probate or support a loved one with special needs, the variety of trusts available...
10 COMMON MISTAKES TO AVOID WHEN DRAFTING YOUR WILL
If you are about to draft a will, have you considered the consequences of getting it wrong? An improperly prepared will create significant challenges, ranging from legal disputes to emotional and financial strain for your family. Without careful attention to detail,...
DEALING WITH BUSINESS CONTRACTS: KEY CLAUSES TO REMEMBER FOR EVERYONE
As per a report by the International Association for Contract and Commercial Management, 92% of organizations believe that improving contract management would reduce risk and improve compliance within their businesses. Well, there is no doubt in the fact that...
ESTATE PLANNING AFTER DIVORCE: WHY REVISING AND UPDATING IS CRUCIAL
Estate planning after divorce involves re-examining your inheritance to ensure it aligns with your current status. Whether it's settling estate taxes and debt, reconsidering the guardian for minor children, constructing a will, setting up trusts, or more, it ensures...
SURPRISING FACTS ABOUT PROBATE DURATION AND EXPENSES MOST AMERICANS DON’T KNOW
Probate is the legal process of settling an estate and passing the descendant's assets to its rightful heir. Every year, a huge number of people who have lost their loved ones go through the process of probate. However, there are so many facts about probate duration...
DOES AN LLC NEED A BOARD OF DIRECTORS? KNOW THE ADVANTAGES AND DRAWBACKS
Starting a Limited Liability Company involves several decisions and complexities. A key question for many entrepreneurs is whether an LLC needs a board of directors. Unlike corporations, which must have a board to oversee management and major decisions, LLCs offer...
COMMON MISTAKES IN TEXAS PROBATE | EXECUTORS GUIDE ON HOW TO AVOID THEM
The process of probate is quite complex and includes familiarity with various legal terminologies, deadlines, the filing process, and much more. While navigating such a procedure, especially for the first time, the probability of errors is obvious. In addition, even a...
EMPLOYMENT CONTRACT LAW IN TEXAS: KEY ELEMENTS EVERY EMPLOYER SHOULD KNOW
In Texas, where "at-will" employment prevails, employers and employees can generally part ways for any reason at any time. While this flexibility offers convenience, it can lead to confusion and potential legal headaches. Fortunately, a well-drafted work employment...
PROBATE PROCESS IN TEXAS: A STEP-BY-STEP GUIDE
Upon the passing of an individual, all his assets or belongings need to be probated. But how does this process of probation exactly work in Texas? Who needs to be involved in this inheritance? What rules and laws are applicable? And how much time would all the setting...
UNDERSTANDING THE DIFFERENCE BETWEEN PROBATE AND NON-PROBATE ASSETS
Inheritance of assets after death can be confusing and challenging, especially due to unfamiliarity with the difference between probate and non-probate assets. Probate assets require court supervision for distribution after the owner's death, whereas non-probate...