Entrepreneurs are incredibly busy. Between managing daily tasks, employees, business, and their personal lives, business owners rarely have time to sit down and enjoy their free time. Business owners may feel that they don't have time to dedicate to the estate...
Lufkin Legal Blog
Estate planning is important for different reasons
Doing a little research into the estate planning process before you start is a smart move. In doing so, you will find that there is no one size fits all approach. Estate planning is about understanding the laws surrounding transferring assets to family and loved ones...
Regulatory compliance is vital for Texas business owners
State, federal, and local regulations on some business ventures make running a business not as easy or intuitive as some people may think. While it may seem like anyone could start their own company online these days, staying in compliance with regulations can be a...
The proper steps are vital when starting a business
Wanting to start one's own business is an exciting time. The desire can come about for many reasons, but whatever the reason, Texas residents who are ready to own their own businesses need to ensure that they take the proper steps for getting started and, hopefully,...
Getting a partnership agreement right
Often risky and challenging, starting a business can be among life's most exhilarating adventures. When the venture is a good partnership, its owners get to go through the experience together.More importantly, they share their resources, experiences and skill sets,...
Three estate planning steps for business owners
Entrepreneurs are incredibly busy. Between managing daily tasks, employees, management and their personal lives, business owners rarely have time to sit down and enjoy their free time. It makes sense then that most owners feel like they don’t have to start their...
It is important to remember the business purpose during formation
Starting a company takes a lot of work. Though many Texas entrepreneurs may be ready to jump right into the actual operational aspects of their companies, it is vital that the necessary paperwork is completed. This paperwork could include having a business purpose in...
Does your adult child really need estate planning?
The simple answer to this question is a resounding "yes." Once your child turned 18, he or she became an adult in the eyes of the law, even though you may still see them as your child. Legally, you no longer have access to certain information about your child. For...
The importance of estate maintenance
An estate is made up of things you own, such as your home, car, physical and digital possessions, financial assets, and other important keepsakes. Whether you have an endless amount of property and assets or not, almost everyone owns something that will become a part...
When should you consider restructuring your business?
Approaching a business restructuring is not an easy task, nor an easy decision. However, there are four factors Texas business owners should consider that can help them make their decision.These four factors include: 1. ProfitLower profit is usually the first...


