If you own a small business, you know that someday, the ownership will transfer to another person or group of people. You will want to retire someday and the business will likely outlast your lifespan. A transfer could be to a family member, a sale to a key employee, or a sale to an outside… Read more »
A question many divorce lawyers hear from their clients is “Can I date during the divorce process?” There is no law that says a divorcing person cannot date, but it is highly recommended that you wait until the divorce is final before beginning to date. There are many good reasons for this. Wasting of Community… Read more »
If you and your spouse own a family business, your divorce will have an impact on that business. Texas is a community property state. Therefore, if it is a business you own together, it will have to be divided in a way that both you and your spouse will receive half of it. What are… Read more »
Years ago, two psychiatrists, Dr. Thomas Holmes, and Dr. Richard Rahe came up with a stress scale based on their evaluation of 43 different life events. They determined that the death of a spouse was the most stressful life event and second was divorce. Losing a Marriage Requires a Grieving Process When you first enter… Read more »
If you are starting a new business, there are different business formations for you to consider. You want to protect your personal assets from being liable for business debts, and to structure your business in a way that brings you as many tax advantages as possible. The type of structures are very different and you… Read more »
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