Let’s say you chose to form a corporation (or your CPA advised it). You adamantly refusing to get taxed twice – perfectly reasonable. This is when you could make a “Sub-S Election” to get all the benefits of a corporation but pay taxes as a pass-through entity (like...
Fights can come when the owner of the “mineral rights” is different than the owner of the “surface rights”. Some definitions: Mineral Rights: refer to the ownership of the minerals found beneath the surface of land. These include oil, gas, coal, and other minerals....
If you are a Tenant and something broken needs to be fixed, please do a few things before you call us. We should not be your first call. Consider these things for problems: Report maintenance issues in writing (through email or letter). Your lease may require...
You have a few kids under the age of 18. But you have no Will. Please START YOUR WILL today! There are many reasons to have a Will in place (like getting to make the actual decision about where your property goes instead of Texas making that decision). However, if you...
Many people are unnecessarily fearful of probate. It’s not that scary – give us a call and we will give you some peace about the process. However, you may be able to avoid probate if you own a home but do not have many other assets. Here’s how- Transfer your home to...
