Archive for September 2015

It May Be Time to Undo Your Will

If you had a Will prepared by an attorney who did estate and tax planning in the 80’s, 90’s or early aughts, it probably had provisions to avoid estate taxes. This was a great idea at the time because for most of that period the maximum estate tax rate hovered around 50%. Simply put if…

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What Does a Seller’s Disclosure Notice NOT Tell You About the Property?

By Don White  Board Certified by the Texas Board of Legal Specialization in both Commercial and Residential Real Estate Law When a Seller offers a home for sale, they are required under the Contract to provide the buyer with a Seller’s Disclosure Notice. This Notice is a disclosure of the Seller’s knowledge of any areas…

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The Cost of Doing Business

Tale of Two Businesses (A Business Parable) Two entrepreneurs went to visit an attorney’s office. One was named Joe Pennypincher, the other was Patrick Preparedman. They each wanted to start a business and needed documents drawn up. At each of their consults, the attorney explained how he would go through and get the important factors…

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The Gray Divorce

What Happens When Marriage Ends after 50? When couples get married, everyone agrees that they’re in it for the long haul; for better or for worse. However, sometimes feelings change, people evolve and emotional distance increases enough for happily ever after to come to a premature end with divorce. When marriages end, it’s a given…

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Divorce in the Information Age: Lessons from the Ashley Madison Hack

By Brian K. Tackett The tagline for Ashley Madison is: “Life it Short. Have an affair.” This is a website specifically marketed to married people who want to have an affair. It boasts “over 40,915,000 anonymous members.” Uh Oh! How many of those 40+ million “anonymous” users thought they would be outed by a hacker?…

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Dividing Debt In a Divorce

By Thomas E. Little Going through a divorce can be daunting for many reasons. In the early stages of divorce, parties focus much of their time and energy on how to divide the assets. However, one particularly intimidating aspect of a divorce that’s often ignored is how to divide the debt. Texas Is a Community…

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