BLOG

Many in Waco may simply assume that most adults have already seen to the creation of their wills. Statistics, however, suggest otherwise. Indeed, estimates indicate that less than half of American adults have any sort of estate planning instrument.

The estate administration process can be quite complex, with plenty of opportunities arising for disputes and amongst beneficiaries in Waco. To help ensure that it goes smoothly, one can work to be as transparent as they can be while mapping out their estate plans.

When Texans look into estate planning, one thing becomes clear: they need an executor. Not only that, but they need a reliable executor they can trust. Picking one can seem daunting. However, by knowing what to look for, you’ll have a better chance of choosing the best one.

Texas businesses are responsible for sending the appropriate amount of sales tax to the state. It is not always clear what goods or services require taxing and how much to collect.

For those who are dealing with the possibility of dividing up your assets for your estate, the legal complications behind probate may seem confusing.

Many people today get remarried after a divorce or the loss of a spouse to death. A second, third or subsequent marriage may offer someone the companionship and stability they have long sought. While a new relationship may be a happy, positive thing, it may come with some unique challenges when the two parties try to figure out how to bring their children and other extended family members into the mix.

People who wish to provide significant financial support to a charitable organization may at times be hesitant of providing sizeable grants or donations while they are still alive, in part because they may need to ensure they retain enough of their own assets to take care of themselves for as long as they have left to live.

A power of attorney provides authority to an attorney-in-fact, or agent, to act in specific ways on behalf of the principal who created the document. Texas has several different POA options that grant the authority when the principal becomes disabled or incapacitated.

Business owners in Texas can be subject to state tax audits. While the auditing process can be intimidating, the more information a business owner has, the better they can face the different steps of the process. The following questions can help you understand the audit process and improve the chance of a successful outcome.

Contract disputes are relatively common in today’s business climate, but they have the potential to cost business owners considerable time and money. For this reason, many modern business owners are taking preventative measures to lessen the chances of finding themselves embroiled in costly litigation, and they are using similar tactics to do so.