You hope that your parents chose the right person as trustee when setting up a trust, but now that they are gone, you suspect that things are not as they should be. How do you know if the trustee is mismanaging the trust’s assets or otherwise breaching his or her fiduciary duty?
When you are making an estate plan in Texas, you may want to consider creating a trust. There are many different kinds of trusts, the design of which allows each to accomplish a slightly different objective.
There is a lot of talk about cryptocurrency in the business world these days. As a business owner in Texas, you may want to at least brush up on the basics so that you understand what it is and how it works.
Members of the Texas Workforce Commission voted to approve a labor law exemption for companies hiring workers to perform app-based tasks. According to Austin’s NPR station KUT 90.5, contract or “gig economy” workers are no longer eligible for unemployment insurance benefits in the Lone Star State.
For many people in Texas, it is important to support certain causes or charitable organizations. This support may come in the form of volunteering time and expertise or it may come in the form of making financial contributions to an organization.
As a business owner in Texas, it’s possible that creating a business succession plan is not at the forefront of your mind. This may be because of the common misconception that you don’t actually need a succession plan until you retire. Unfortunately, that is incorrect.
Much estate planning revolves around providing an inheritance for a spouse or children. But for older family members who have large estates and grandchildren to think about, estate planning can become more complicated.