Blog – Legal Insights on Business Law,
Estate Planning & Elder Law
How to Choose the Right Legal Structure for Your Business
Choosing the appropriate legal form for a business is one of the first issues most entrepreneurs face. It is an important decision at the formation stage and also as a business grows. Sole proprietorships are generally the easiest. Corporations offer some different...
Estate Planning Tips for Singles in Texas
Legislation enacted a few years ago made permanent changes to the federal estate and gift tax rules affecting estate planning for single individuals. Specifically, here are the significant estate changes in the American Taxpayer Relief Act: The 2017 federal estate tax...
Nursing Home Fraud: Risks Families Should Know
Holidays bring friends and families together. But sadly, they also bring an increase in the frequency of financial frauds against elderly people, according to the Metlife Study of Elder Financial Abuse. Nursing home fraud is a little known risk that is frequently...
Tax Responsibilities After Someone Dies
The death of a loved one is always difficult but it can be even more challenging if you are the one who must handle all the resulting tax responsibilities. There are a couple different ways you can assume the required duties: You may be named as the executor of the...
Business Asset Valuation in Divorce Cases
Sometimes estranged spouses can remain fair, rational and civil during divorce proceedings. But in other cases, a divorce can turn ugly. When the couple's assets involve a business interest, the situation can be extremely complex. Husbands and wives may become...
What to Consider Before Making Financial Gifts to Children
In the world of college financial aid, good estate planning strategies often result in less financial aid for your child or grandchild. For instance, a strategy included in many estate plans involves making annual tax-free monetary gifts to children. Annual gifts can...