Here is a quick breakdown of the different types of Trusts, their advantages and disadvantages: 1. A Revocable Trust is probably the most common type of trust. As you can tell by the name it is a revocable, meaning the Trust can be revoked (terminated) at any time by the person who created the Trust. The advantage to this type of trust, besides the ability to revoke or change it

In my last consumer article, I talked about the Deceptive Trade Practices Act (DTPA), what it is, and how it protects consumers. I promised a follow up regarding what activities are prohibited under the statute, and what remedies it provides. In this post I’ll discuss warranties. There are several avenues for bringing a cause of action under the DTPA, one of the most common  stems from the breach of an express

Despite what you may see in the movies, there is rarely, if ever, a “reading of the Will” after a person passes away. Family members and friends don’t show up at the attorney’s office and sit around the conference table to hear with bated breath whether you are inheriting grandfather’s secret Swiss bank accounts or find out that he hated you all his life and left you nothing. And worked

Most people, when they see or hear of the Texas Franchise Tax think to themselves “I’m a small business owner, and I don’t own any franchises…I don’t own a McDonalds or a Burger King….so the Franchise Tax doesn’t apply to me.” Wrong. The Texas Franchise Tax actually applies to Partnerships, Corporations, LLCs, professional and business associations, joint ventures, and business trusts, as per the Texas Comptroller’s Website. In other words,