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An Important Estate Planning Step to Take Now
The topic of estate planning may not be something you worry about. This might be the case if you don't think you own enough assets to make your estate liable for the federal estate tax. Check your Beneficiary Designations But no matter what your net worth is, there is...
How Should You File Your Tax Return?
We're in the midst of tax season, with April 18 just around the corner. You may be wondering how to determine your tax filing status if you are divorcing or are recently divorced. A divorced or divorcing couple's tax filing status is determined as of the last day of a...
Advocacy vs. Neutrality: Overcoming the Expert’s Dilemma
Scenario: An expert forensic accountant is hired by the plaintiff's counsel to determine economic damages in a financial dispute. The expert meets with the attorneys and the clients to discuss the key elements of the case. They talk about what is expected, as well as...
Seven Reasons to Update Your Will
Even if you have a valid will, you may need to draft a new one for a variety of reasons. A will is an essential part of planning for the future. But don't think creating a will is a one-time proposition. Even if you have a valid document, you may need to draft a new...
5 Ways to Protect Your Loved Ones by Having a Will
We feel that having a will, and related powers of attorney and advanced directives, is one of the most important tasks one should complete. After working hard your entire life to provide for your family, you should not allow the Texas Estates Code and the courts to...
Issues to Consider when Drafting a Franchise Agreement
Have you ever thought of owning a franchise? Or are you in a business where you hope to have franchisees? Many businesses are set up as a franchisor/franchisee relationship. In these situations, it's important to draft agreements not only to cover the immediate terms...