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Estate Planning for Life Part II – Medical Power of Attorney

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  In the previous Part I of this series, I outlined the purpose and benefits of a Financial Power of Attorney.  Read More

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Estate Planning for Life Part I – Financial Power of Attorney

When most people think of estate planning they typically think wills, trusts and death.  However, the actuality is that one of the major focuses of good estate planning is for incapacity during a client’s lifetime.  I take a very educational approach to my consultations and I am always pleased when we reach the end of Read More

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What’s Good for the Goose…Part 4d

The Market Approach of Valuing a Business for Sale In Part 4d of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will examine the “Market Valuation” approach as the third and final valuation method for buying a business. The two other valuation methods, the income valuation Read More

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Sometimes It’s not “One and Done”: Difficulties of Probating the Surviving Parent’s Estate

Difficulties of Probating the Surviving Parent’s Estate Texas has relatively efficient probate system.  It has been designed to provide a number of options to allow residents to select the least expensive and quickest method to probate an estate.  In fact, Texas has developed abbreviated probate proceedings to deal with small estates, including individuals that really Read More

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Risk of Buying a Property at a Foreclosure Sale

  Client:                           “I’m buying a foreclosure property.” Attorney:                      “OK, when is the sale?” Client:                           “Tomorrow” Attorney:                      “Have you completed any due diligence on the property?” Client:                           “Well…I drove past the property a couple of times.” Attorney:                      [after a long pause] “I am going to take that as a no.”   What is a “foreclosure Read More

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Realistic Expectations in Litigation

In Litigation, Realistic Expectations are Crucial As a litigator, every client I meet asks me at some point during the case whether he or she is going to “win.” While reasonable, this question is difficult to answer, particularly when a client appears to have the facts or the law substantially on his side. If a Read More

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Tips For Choosing an Executor

You have likely put a significant amount of time, effort and money into planning your estate, don’t throw it all away by picking the wrong executor. Ideally, your executor will administer your estate honestly, efficiently and in the best interest of your beneficiaries. Bad executors have the potential to waste your estate’s funds, destroy family Read More

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What’s Good for the Goose…Part 4c – The Income Approach of Valuing a Business for Sale

Part 4c – The Income Approach of Valuing a Business for Sale In Part 4c of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will look at the “Income Valuation” approach as the second of three valuation methods for buying a business to be reviewed in Read More

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The Importance of Commercial Title Review

The process of a title search is a fascinating puzzle. It is so interesting to see the history of ownership and the different burdens and benefits related to a property. Even more so is the value a title search can bring to a client, especially in relation to a parcel of commercial land. The thorough Read More

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Four Ways to Fund your Business Succession Plan

Four Ways to Fund your Business Succession Plan An important part to a business succession plan is considering how to fund your succession plan.  After all, the most intricate and thoroughly considered succession plan will fail if it lacks the funds necessary it execute the plan.  The method of planning will depend on a multitude Read More

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