After working for years to acquire wealth and establish a strong presence in your chosen industry, it might be time for you to think about retirement or to consider that you may not always be here or be able to stay at the helm of your ship. You love your business. It...
Year: 2022
Do you need an estate plan if you’re single?
A single status does not necessarily reflect someone's age. Many singles in Texas are in their 20s or 30s, while others are beyond 45, 55 or older and are unmarried. A question of whether to execute an estate plan, and particularly, whether to sign a will, is...
Understanding revocable trusts versus irrevocable trusts
When you execute an estate plan in Texas, you might decide to use only the most basic documents. However, you might determine that a more complex plan is needed. If you're like many estate owners throughout the state, you might want to learn more about how to fund a...
Navigating the business startup stage
You might recall people assigning labels to you since childhood, such as “Dreamer” or“Little Entrepreneur.” You may have rocked your piggy bank with revenue from your lemonade stands, backyard carnivals and grass-mowing jobs throughout elementary school and high...
3 things to know about mutual wills
Many Texas married couples or exclusively committed partners use the estate planning process to protect their assets in the event that one or the other of them should die. There are numerous types of documents that might fit a particular person’s needs and estate...
3 things to know about a special needs trust
One of the most beneficial aspects of executing an estate plan in Texas or any other state is the ability to personalize a portfolio to meet your specific needs. If you want to incorporate a particular document, you can. If you want to leave another one out, you can...
Is an LLC business structure right for you?
As you prepare to enter the ranks of Texas business owners, you’re no doubt working to smooth out many details during the startup phase of your company. One of the top priorities during this phase is to choose a business structure, which has multiple implications,...
5 LLC business steps to help with setup
If you’re thinking about starting a business in Texas, it’s an exciting time in your life. So much goes on in the startup phase. It can be rewarding to accomplish your goals, yet stressful, as well. Building a strong network of support from the start is the best way...
Things to know about a power of attorney
Through the years, you’ve worked hard to build a successful business in Texas while raising a family at the same time. The phrase “go getter” is quite familiar to you, and you’ve always been willing to do whatever it takes to be there for your kids and to be there for...