General Partnerships in Texas are more common than people think. Individuals in the Dallas / Richardson area that form a business by oral agreement have unknowingly created a general partnership. General partnerships are common when two aspiring entrepreneurs orally decide to start a business and proceed without proper guidance from a lawyer. The Court will [...]
Do you have a plan if the family business must change hands because of illness or retirement? Why is it important to start considering a business succession plan for your business? A succession plan will establish an orderly transfer of the management and ownership of the business to new managers and owners to avoid liquidation [...]
Preparing for a Texas Divorce: Assets Going through a Divorce is painful no matter the circumstances. Before you get into the Texas Divorce Process, you can reduce expense, stress, and conflict by making sure you are financially prepared. Advanced planning helps you in making sound decisions, start preparing for post-divorce life, and avoid many post-divorce [...]
Creating a Will is extremely important for individuals that have a sizable estate in the Dallas and DFW metroplex. Time and time again, individuals refuse to properly prepare for death and do not see the proper preparation of a legal and valid will as a necessity. When you refuse to prepare a Will, then your [...]
Creating a Will is extremely important for individuals that have a sizable estate in the Dallas and DFW metroplex. Time and time again, individuals refuse to properly prepare for death and do not see the proper preparation of a legal and valid will as a necessity. When you refuse to prepare a Will, then your [...]
A divorce involving a high conflict personality can be more challenging than other divorces, because of the person’s inability to compromise or ever see the middle ground. People like this are called “High Conflict People” (HCP’s), and the divorce courts are full of them. Are you glad you are not married to one of these [...]
Before signing a contract, read through it carefully. Have an attorney review the contract. Make certain that you know what obligations are stated and/or implied. If you are uncertain as to your duties and you sign the contract, you may be liable for a future unintentional breach of the contract. Contract negotiations, especially in the [...]
A Texas condominium HOA ( Home Owner Association ) has more power than a Texas residential HOA to foreclosure on a unit. Foreclosure is a constant source of anxiety for many condominium owners that may have exiting outstanding assessment fees. If you are a condominium owner be sure to pay timely your HOA assessment fees. [...]
In Texas, adultery or infidelity may play a significant role in how a divorce unfolds, impacting asset division in a divorce and even custody issues to a certain extent. Here’s how adultery generally affects the divorce process in Texas: 1. Grounds for Divorce: No-Fault Divorce: Texas allows for “no-fault” divorces, where neither spouse has to [...]
