Eminent domain is a complex area of Texas law in which it may be difficult to categorize “right” and “wrong.” People who own property might not be aware that the government can seize land if it determines it is necessary to do so. The property owner will be...
Denton Texas Legal Blog
What is a Qualified Personal Residence Trust?
For wealthy individuals or those with large real estate holdings, estate planning can be complicated. After all, we want to protect the value of what we pass on, and we do not want our beneficiaries saddled with unexpected, complicated and expensive tax burdens after...
What is the difference between mineral rights and surface rights in Texas?
There are property owners in Texas who may not know that there are two types of land ownership they may possess. There are many properties in Texas that may contain mineral rights as well as surface rights. Knowing the difference between these types of rights can be...
When should I seek a guardianship for my elderly loved one?
Guardianships for adults can be quite different than those established for children. Your elderly loved one may need a guardianship if they have become mentally incapacitated or a condition otherwise renders them unable to make vital decisions themselves. That is not...
Due diligence: mitigate risk before you agree to terms
Some business transactions can result in a large profit over time. Though, they could also jeopardize the future of your company. Market fluctuation, consumer demand and brand competition are some of the factors over which you have virtually no control as an...
The importance of estate planning for young people
Estate planning is often seen as prudent for middle-aged and elderly adults to do, but the truth is that every young adult in Texas can benefit from estate planning. This process isn't just about deciding who gets what in the event of a death. Estate planning can make...
How confidentiality agreements work
An employer in Texas may require a confidentiality agreement when they hire new employees. This agreement is a legally binding contract that states an employee cannot disclose information about the company's activities or propriety. The contract usually stays in...
Preparing for commercial real estate success
The list of reasons commercial real estate (CRE) appeals to investors in Texas includes the opportunity to make passive income, the potential for growth and consistent returns on investment. However, commercial real estate is no different than other investment...
How to act as executor of an estate
Texas residents who have been appointed as an executor may want to familiarize themselves with the testator's will. They should also know where any important documents are located. When testators die and the executors begin their duties, they are permitted to hire an...
When to revise an estate plan
There are certain times in a person’s life when he or she may need to make changes to a will or trust fund. One example could be if a person has just moved to Texas from another state. Since different states have different estate planning and inheritance laws, it...