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2021 is a unique year. After hopefully coming out of the worst of the COVID-19 pandemic, entrepreneurs are looking to moving forward with some innovative ideas and the business marketplace is set-up for these ideas to thrive. One reason the marketplace is ready to...
Cities are growing in Texas, which makes it a prime location for entrepreneurs who are looking to start a business. Those who are looking to start a business are wise to review applicable regulations first, and many of these are state specific. With that in mind, this...
Entrepreneurs looking to start a business are wise to choose the right business structure. The right fit will vary depending on your business interests and goals, but the following questions can help you get on track to finding the right structure for your needs. #1:...
The passing of talk-show host Larry King led to contention between his wife and his children, as King reportedly left a handwritten will that disinherited his wife. King’s estate is reportedly worth $2 million. King and his wife were in the process of getting a...
You and your spouse may not have children at the moment. Without children, you might decide there is no need for a will since your spouse will automatically inherit your estate. While this may be the case, there are still important reasons to write out a will even if...
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...
