What Happens to Your Business If You Become Incapacitated? Houston, TX | Business Incapacity Planning
If a Texas business owner becomes incapacitated without a plan, no one may have the legal authority to run the company, access its bank accounts, or sign contracts, and family members may have to ask...
Can an Employer Fire You Without Warning? Houston, TX | Wrongful Termination Texas
In most cases, yes. Texas is an at-will employment state, which means an employer can generally end employment at any time, for almost any reason or no reason, without giving advance warning. A firing becomes wrongful termination...
What Happens to an LLC When the Owner Dies? Houston, TX | Business Estate Planning
When a Texas LLC owner dies, the company generally does not dissolve automatically; the owner's membership interest passes to their estate and then to heirs or beneficiaries under a will, trust, or the company agreement....
Do You Need a Buy Sell Agreement for a Texas Business? Houston, TX | Buy Sell Agreement
A buy sell agreement is a contract among a company's owners that sets who may buy a departing owner's share, what events trigger a sale, how the price is calculated, and how the...
How to Protect Personal Assets From Business Liability in Houston, TX | Asset Protection for Business Owners
The most reliable way to protect personal assets from business liability in Texas is to operate through a properly formed entity such as an LLC or corporation, keep business and personal finances strictly separate, and carry...