If you are considering selling your business, there are things that you can do to prepare in advance and make the process easier. It is often very helpful to have a legal consultation early in the process, to guide you in organizing your thoughts and your documents. If you have a business organization set up already (corporation, partnership, LLP or LLC), you should make sure that the … [Read more...] about Prepare in Advance for The Sale of Your Business
There are three main considerations when deciding whether or not to change the form of your business. 1) Tax benefit; 2) liability protection; and 3) the time-cost analysis of changing your company’s legal status Tax Benefit: Oftentimes the tax benefit analysis is not a “legal question”, but rather an “accounting question”. If you are unsure of whether you might benefit … [Read more...] about Three Things to Consider When Deciding Whether to Incorporate
There are times when a parent may be entitled to collect child support for a child, but still would choose not to do so. Here is a list of the statements that we usually hear: “I don’t want any child support because my ex is dangerous or a bad influence, and I don’t want him around my child. S/he probably won’t visit if we don’t ask for child support.” “I can make it on my … [Read more...] about What if you Don’t WANT Child Support for Your Child?
When a divorce or other lawsuit is filed, there is a process of citation issued for the party who is being sued. Usually, this legal citation is personally served on the person who is the respondent in the lawsuit. (If the respondent is a company, the citation will be served on the registered agent, director or owner of the company or some else legally authorized to accept the service). This … [Read more...] about Filing Suit Against Someone Whose Whereabouts Are Unknown
Adoption of an adult can be a fairly straightforward process. The adoptee’s biological parents do not need to be notified of the adoption and are not entitled to have a voice in the proceedings. There are many reasons to proceed with a formal adoption, even after the “child” reaches adulthood. The most common situation is one in which a step-parent has wanted to adopt the … [Read more...] about Basic Facts About Adult Adoption in Texas
Certain legal conditions must be met before parental rights are terminated by court order. There are two types of termination; voluntary and involuntary. A voluntary termination of parental rights occurs when the parent whose rights are being terminated agrees with the termination, cooperates, and signs the proper paperwork and/or appears in court and testifies that s/he is … [Read more...] about What You Want to Know About Termination of Parental Rights in Texas
What if you should have gotten a Premarital Agreement but didn’t do it prior to marriage? Don’t despair, there are specific legal documents which can be drafted and executed that will divide a married couple’s assets and debts into “his” and “hers”. These legal agreements may be called “Postmarital Agreements”, “Postnuptial Agreements”, “Partitioning Agreements”, or … [Read more...] about Separating Your Marital Debts and Assets by an Agreement With Your Spouse
Premarital agreements are also called Prenuptial Agreements, or “Prenups”. Most couples who decide on a premarital agreement do so for one or more of the following reasons; a) there is a disparity in their assets; b) there is a disparity in the amount of debts owed; c) they want to preserve all or a portion of the premarital assets for their already existing children; and/or d) to meet … [Read more...] about Do YOU Need a Premarital Agreement?