Tips for Resolving Business Partnership Disputes
Conflict is bound to arise in every business partnership. Resolving such disputes in a civil manner requires patience, diligence, and a willingness to ask for help from an experienced Houston business attorney. Print the following tips for resolving business partnership disputes and reference them when conflict arises.
Think...Corporation vs LLC: Which Is Right for Your Business?
Business owners and startups are often flustered when choosing the structure of their enterprise. When starting a business, one of the most critical decisions you'll make is choosing the appropriate business structure. This decision will impact your day-to-day operations, tax obligations, and your personal liability. Two of the most popular business structures...
Is a Handwritten Will Legally Binding in Texas?
A will directs how a person’s property will be distributed after their death. They appoint a personal representative for their estate and parents can appoint guardians and create simple trusts for their minor children. What happens if your loved one hand wrote their will? Our Houston estate planning lawyers can help...
Legal Aspects of Mergers and Acquisitions
As your company grows, you may need to navigate the many legal aspects of mergers and acquisitions. Because M&A law is a complex area of business law, business owners turn to experienced Houston corporate attorneys to represent them during the transaction. In this blog, our Houston business lawyers discuss several legal...
What Are Financing Agreements and Do You Need One?
Your company will use many contracts and agreements as you conduct business. Understanding financing agreements and when you need one is something our Houston business law attorneys can help you with.
What Is a Financing Agreement?A financing agreement is a
Contract Law Essentials for Small Businesses
Well-drafted business contracts are an essential element of the success of a small business. Overlooking the importance of contracts could undo the hard work you have put into your business by forcing you to meet terms and conditions you did not anticipate or leaving your business exposed to unnecessary liability. Our...
Key Considerations for Forming a Limited Liability Company (LLC) in Texas
Texas is very friendly for those who want to start their own business. You can choose a number of options for your business entity, from a general partnership to a corporation. Each type of entity has its place and choosing one depends on the desires of the owners. LLCs are efficient, simple...
What to Know About Probate and Trust Administration
Preparing for your death may be a disturbing thought, but it’s important to do what you can ahead of time to minimize the burden on those you leave behind. Whether you leave behind $500 or $5 million, absent a revocable living trust, your estate will likely have to be probated. A...
How an Attorney Can Help You Draft a Business Contract
Writing a business contract is a critical step in establishing clear expectations, protecting your interests, and ensuring the smooth operation of your business. While some business owners may attempt to draft contracts themselves, working with a business attorney can provide significant advantages. All too often, business owners don’t know what common mistakes...
What to Know About Buying Out a Business Partner
Buying out a business partner is a significant decision that can impact the future of your business. Whether due to differing visions, retirement, personal circumstances, or strategic business reasons, the process of buying out a partner involves careful planning, negotiation, and legal considerations. Partnerships, like marriages, don’t always last. A buyout is...