Recent News & Articles
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A Primer On Valuing Business Interests
Determining the value of a non publicly traded business is hardly an exact science. The value of a business is often needed not only as a measure of the success of the enterprise, but for determining a purchase price of the business or its shares, for retirement...
Trusts have been called one of the most significant legal inventions of all times. Trusts are used widely and affect your everyday life. When you obtain a home mortgage in Texas, this is almost always done under a Deed of Trust. When you set up a bank account for...
Avoid Being Victimized- Again!
So you sustained damage during the storms, you have filed claims with your insurance carriers, you have taken interim measures to contain further damage, where do you go from here? Here are a few items to strongly consider- while this is certainly not an exclusive...
A Primer on Residential Real Estate Transactions
The successful purchase and sale of a home is a process which involves several legal formalities. Contracts, deeds, and other legal instruments are involved in the conveyance of a house and land. Since this is the single biggest investment that many people make in a...
The Basics of Powers of Attorney
An "Agency" is a legal relationship that enables a person (the "Agent") to act on the behalf of another (the "Principal"). Agency relationships are implied by law (such as a parent to a child, a husband to a wife, or a corporate officer with regard to his or her...
Wills Are Not Do It Yourself Projects
We all like to save money. Sometimes however, we can lull ourselves into a sense of false economy by doing things which later prove counterproductive and end up costing us much more money. Wills (and collateral estate documents) are good examples of this. Kindly...
Each day we enter into a variety of relationships. Commercial relationships often involve the formation of contractual relationships between two or more parties. A contract is generally a bargained for exchange for value between two or more parties. Each one...
An Overview of Buying and Selling a Business
We often receive communications with regard to the purchase and sale of a business. This Article provides a general overview of the steps involved in this process, especially for those who have not bought or sold a business previously. Step 1: Determine a...
The Basics of Commercial Licenses
One of the more common transactions that we do, from a legal point of view, involves licenses. License arrangements are literally everywhere. When you download an app, you are not buying the program, you are buying the right to use the program- it is licensed to you....
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