Your Questions About Limited Liability Partnerships, Answered

A limited liability partnership – commonly abbreviated as LLP – is a business structure wherein two or more people form a partnership and work together while limiting their personal liability to their investment in the business. In this post, we have answered the most commonly asked questions about limited liability partnerships in Texas. How Does a Limited Liability Partnership Work? In an LLP, two or more individuals join to establish a for-profit business with the purpose of achieving their common goals. The partners are required to run the business in compliance with the terms of the partnership agreement. By pooling their resources, the partners in an LLP can lower their operating costs and increase the [...]

By |May 16th, 2022|Categories: Business Law|0 Comments

3 Things You Need To Know About Sole Proprietorships In Texas

Texas has a well-deserved reputation of being a business-friendly state. There are to over 3 million small businesses across the state – a significant percentage of which are sole proprietorships. The combination of a low tax rate, simplified regulations, and the availability of high-skilled labor makes Texas the perfect place for anyone who wants to start their own business. Sole proprietorship – in particular – remains the most preferred choice of business structures for a vast majority of first-time business owners. It costs virtually nothing to form a sole proprietorship business and there are virtually no regulatory requirements. In this article, we take a look three key things you need to know about sole proprietorships [...]

By |April 28th, 2022|Categories: Taxes|0 Comments

How To Find a Business Litigation Lawyer in Austin, Texas

As a business owner, you might have to deal with legal disputes and challenges from time to time. If and when it happens, it is essential for you to have an experienced Austin, Texas business litigation lawyer on your side throughout the entire process. An experienced lawyer can fight on your behalf, provide you with the right legal advice, protect your business interests, and resolve disputes through negotiation, arbitration, or if needed, litigation. In this post, let us take a look at five key factors you should consider while choosing a business litigation lawyer in Austin, Texas. #1. Experience in Handling Disputes Similar to Yours Business litigation is an extremely broad term that includes a [...]

By |April 26th, 2022|Categories: Business Law|0 Comments

Lawyers, Wills, And Trusts – An Introduction

Estate planning empowers you to make choices about your own future and about the future of your loved ones. With a proper estate plan, you can not only plan for contingencies in your life, but also leave a legacy for your loved ones and make sure they are provided for and taken care of even after you are gone. With help from an experienced estate planning attorney in Austin, you can bring more predictability to your financial future. Key Elements of Estate Planning in Austin, TX The major components of a comprehensive estate plan in Austin, TX include: #1. Will A last will and testament – more commonly referred to as a will – is [...]

By |April 25th, 2022|Categories: Estate Planning|0 Comments

Business Law Professionals: The Top 9 Things You Should Know

Every business lawyer should know that the law is a complex and ever-changing body of rules, regulations, statutes, case law, and precedents. The legal system has been evolving since the beginning of civilization. There are laws today that govern almost every aspect of our lives and how we interact with each other. For business lawyers, they must understand these laws to ensure they do their very best to advocate for the rights of their clients and achieve the best possible outcomes. Who is a Business Law Professional? A business law professional is an attorney specializing in representing businesses in legal matters. A business lawyer can help a company prepare and file incorporation documents, write partnership [...]

By |April 19th, 2022|Categories: Business Law|0 Comments

19 Top Questions You Should Ask Your Real Estate Lawyer

For current or future property owners, real estate law can be complicated and difficult to navigate without expert help. Buying and selling property, whether commercial real estate or residential real estate, require a lot of legal paperwork and legal expertise. It's important to be aware of the laws that govern real estate transactions in your area so you can avoid costly mistakes. Different types of documents are used during real estate transactions. These include contracts, deeds, mortgages, title insurance policies, surveys, appraisals, and so on. Unfortunately, if you don't know what questions to ask about these documents, they can easily become lost in the shuffle or not processed properly. You should always consult with a [...]

By |April 13th, 2022|Categories: Real Estate Law|0 Comments

What You Should Look For When Selecting An Estate Planning Attorney in Austin, TX

Having an estate plan is a critical part of protecting your family and ensuring that your wishes are carried out. If you don't have an estate plan in place, you risk leaving your loved ones having to make tough decisions without the financial support they need. Estate planning is not a one-time process; it's an evolving task you should revisit every few years to ensure that your wishes are being followed and updated. Therefore, it is essential to work with a seasoned estate planning lawyer to help you create a plan that meets your needs and goals. What is an Estate Planning Lawyer? An estate planning lawyer is an attorney who specializes in helping people [...]

By |April 8th, 2022|Categories: Estate Planning|0 Comments

The Ins and Outs of Selecting A Commercial Real Estate Lawyer in Austin, TX

Commercial real estate law is an area of the law that deals with anything involving commercial property. Attorneys specializing in commercial real estate handle a wide range of legal issues related to buying or selling property, developing commercial or residential properties, managing properties, drafting contracts for the sale of land and buildings, negotiating leases, drawing up commercial leases, representing landlords and tenants in court, and other matters. As you can see, commercial real estate law is a fairly broad field of practice that involves many different types of transactions. It includes everything from negotiating a contract for the purchase of a building to even drafting a will to set up property transfers. Additionally, commercial law often [...]

By |April 4th, 2022|Categories: Real Estate Law|0 Comments

What You Need To Know About Small Business Lawyers

The legal system has always been complicated, especially for small businesses. There are several law areas that can apply to small businesses, such as employment law, intellectual property law, tax law, contract law, etc. To stay compliant with these regulations and to have an expert on your side, you need to hire a good business lawyer. When starting a new business or expanding your current one, you should hire the services of a qualified business attorney. With a dedicated legal team, you can rest assured that your company is protected from potential risks. What is a Small Business Lawyer? A small business lawyer is an attorney who specializes in representing small businesses and entrepreneurs. They may [...]

By |March 31st, 2022|Categories: Business Law|0 Comments

Looking For a Real Estate Lawyer? The Top 6 Questions You Should Ask

If you are buying or selling real estate, the closing process will be something you have to deal with before all is said and done. It is not just a simple task, however, because it involves legal work, contracts, and money changing hands. So if you are handed the responsibility of dealing with real estate closings, what do you need to know? Below are the top six questions you should ask a real-estate lawyer, regardless if you are buying or selling. What Is The Closing Process? The closing process begins once your real estate contract has been finalized and is the final stage in buying or selling property. The closing day is when the title [...]