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Texas probate proceedings oversee the distribution of someone's property and the resolution of their obligations after they die. Any resources that belong solely to the deceased party will become part of their estate. Their responsibilities, including their tax...
When you enter into an agreement with a party, you typically develop terms and conditions to protect both parties. However, circumstances may change, and you may need to update the agreement. Here are some instances that may require updating the agreement: ...
Contract disputes can arise between you and your business partner, shareholder, employee, supplier or client. These disputes can get out of hand, costing the business significantly. Thus, it's crucial to understand what causes them beforehand to make informed...
Starting a new business, especially a small one, can sometimes lead to opportunities to mix up your money. For example, you need to put gas in your company vehicle but forgot your company credit card, so pay for it with your personal one instead. Or when you get home,...
The time you start a business could be one of the busiest of your whole life. There is so much involved in getting a new business off the ground, and you may also have family commitments to attend to and a job elsewhere to support yourself in the meantime. It is easy...
One of the critical decisions you'll need to make when you start a business is the legal structure of your business. While many small businesses begin as sole proprietorships, there's a compelling case for transitioning to a limited liability company structure. The...
Establishing a business partnership is a serious commitment, possibly lasting years or decades into the future. You may quickly learn about a potential partner by reading their résumés and other documents. Other times, these details are not enough, making you feel...
Agricultural operations are a vital part of the U.S. economy, especially in the state of Texas. However, there are times when these operations can become a source of contention, leading to nuisance claims. Thankfully, farmers and their operations may be protected...
A business cannot be successful without the work and dedication of key individuals in the organization. Succession planning allows you to prepare for the unexpected loss of such individuals. The successor should be someone with the experience and skill necessary to...
Expanding a business could mean many things. You could add more products or services, partner with another company or franchise your business. Whatever your expansion plan is, it is essential to initially establish whether it is the right move for your business. Here...