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Whether it is time to retire or relocate for personal reasons, those who are looking to sell a medical practice are wise to take steps to help better ensure the transaction goes well. Proactive steps to achieve this goal include: Wait for the right buyer Potential...
Whether talking about Non-fungible Tokens (NFTs) or cryptocurrency, digital assets are becoming more commonplace and can hold a huge amount of wealth. Accessing these assets is not always easy. Most forms of cryptocurrency require use of a private key. This key is...
Texas surface water includes thousands of miles of rivers, lakes, basins, bays and estuaries, much of which run through privately owned property. However, the owners of that property do not necessarily own the water that crosses over it. In fact, because water is such...
The COVID-19 pandemic shined a spotlight on issues that can lead to nonperformance. Businesses that thought they had solid contracts to protect their business interests found themselves dealing with sellers who failed to provide products, as promised in their...
In general, whenever you sell a property for an increase compared to when you purchased it, the Internal Revenue Service (IRS) expects you to pay capital gains taxes. Section 1031 of the United States Internal Revenue Code allows for real estate owners to defer paying...
Landowners and businesses negotiating a pipeline easement are looking to move forward with an agreement that best serves their interests. As such, it is important for all involved to carefully review the agreement and negotiate terms that meet their needs. Some of the...
Nearly everyone is familiar with the idea of a premarital agreement. Pre- and post-marital agreements are legal documents that dictate what should happen to a married couple's property and assets in the event of a divorce or death. While most people know about the...
If so, you are not alone. But what is the first step? If you are interested in putting together an estate plan, you may feel overwhelmed. Do you write a will? What about a trust? What is the right choice for your family? The following will answer some common questions...
Although new businesses fared well in 2020, the fourth quarter was not kind to new business enterprises. According to Reuters, business formation in the fourth quarter of 2020 was down 28.5%. Not surprisingly, the coronavirus pandemic was especially brutal for...
If you are opening a new business in Texas or expanding your current enterprise, finding a space to operate can be a top priority. Initially, you will likely focus on finding space that is the right size with the right amenities in the right location. When you find...
