Regarding family matters, checking that your estate plan adapts to the changes in your life is paramount. One such significant event is the arrival of a new child. When this happens, updating your estate plan can help you safeguard your growing family’s future....
Lufkin Legal Blog
When can Texas landowners restrict access to a stream?
Those purchasing real property in Texas often gladly pay a premium price for land with streams running through it or nearby. Having a reliable source of water can make a major difference regarding someone's use of a property. However, sometimes people assume that they...
3 reasons why you need a living will
A living will is a legal document that allows individuals to express their medical preferences and instructions in the event of incapacitation. Think of it as a proactive measure to maintain control over your own healthcare decisions, even when you are unable to...
What the rise of EVs means for commercial real estate owners
It may surprise a lot of people to learn Texas, known for oil and gas production, has over 200,000 registered electric vehicles (EVs) currently on the road. That number is only going to increase over the next couple of decades as more manufacturers enter the EV market...
Single net, double net and triple net leases: What to know
When you’re looking at a business lease, everything is negotiable – including the rent. As a renter, you can often benefit from considering net, double net and triple net leases. These leases vary in terms of the way financial responsibilities are distributed between...
Should you update your will or start over when your life changes?
If there is one constant in life, it is that life is sure to change over time. People get married and divorced. They add to their family with children and grandchildren. Unfortunately, they lose other cherished family members along the way. It’s crucial to account for...
3 employee-related risks to address during mergers
Mergers are massive transactions that may take months to complete and that will fundamentally alter the organizations involved. There are many practical and financial considerations that the executives or owners negotiating the transaction will need to keep in mind...
Contingency clauses are a crucial safety net when buying a home
Contingency clauses are terms inserted into a purchase agreement that safeguard your interests as a potential buyer. These clauses outline specific conditions that must be met for the sale to proceed. Contingency clauses can make all the difference in your home...
Don’t forget about insurance when forming a Texas business
It is unfortunately easy to overlook some things when planning and forming a new business. However, failing to address critical issues like business insurance can increase your overall liability once you finally open for business. Since Texas has fewer insurance...
Qualities to look for in a business partner
When you’re starting a business, one of the major things that determines if it will be successful or not could be your business partner. Choosing the right person can bring you to higher levels of success than you would have achieved on your own. Choosing the wrong...