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Parents often go to great lengths to make sure they treat their children equally. So, it is no surprise that parents who own a business will often divide ownership equally among the children. While they appreciate the sentiment, some business experts believe passing a...
Part of starting your business is creating a legacy for your loved ones. In addition to providing for them during your life, you may hope your business will continue supporting your family after you are gone. There is a lot to consider as you decide how you want your...
Many people view their pets as members of the family who deserve a lifetime of love and care. If you do, you will want to take your pet’s welfare into account as you create your estate plan. There are two situations you should address: death and incapacity. You need...
“Love your children equally, but treat them uniquely.” Many Texas parents live by this creed for raising their kids, but it also rings true when creating an estate plan for distributing inheritance. Passing along wealth to children can be a complicated task depending...
Yes, as long as you’re not doing it to commit a fraud on those creditors. In periods of economic turmoil, we often see an increase in litigation by people and entities that are trying to regain some ground or who have the right to claw back ill-gotten gains. There are...