Everyone enters a business relationship with optimism and an expectation that the person ordering goods or services will promptly pay for those goods and services; however, even the best of relationships can turn sour when funds are scarce and wells…
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Understanding Bankruptcy Preference Claims What is a bankruptcy preference claim? The following scenario describes it perfectly: you have been doing business with a customer for quite a while. The customer is starting to get slower on payments but as…
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In the oil and gas sector, Master Service Agreements (MSAs) are indispensable for defining the overarching contractual framework between companies engaged in exploration, drilling, and production operations. These agreements govern the general terms…
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When you think about an attorney, your mind may immediately jump to legal matters like contract disputes, criminal defense, or litigation; however, attorneys also play a crucial role in enhancing the cash flow of a business. Whether you’re an e…
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Selling a home is one of the most significant financial transactions a person can undertake. While some homeowners consider a “For Sale by Owner” (FSBO) approach to avoid paying real estate agent commissions, this decision often proves to…
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When undertaking the process of transferring interest in a property, it is imperative that one understands exactly what is being conveyed through the deed and any assurances or guarantees therein. A deed memorializes the transfer of property between…
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When an individual dies without a will, the state of Texas follows a default set of rules to determine the distribution of the decedent’s assets amongst family members. This process is known as intestacy distribution. The intestacy distribution sys…
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As an estate planning and probate attorney, I am often asked about the difference between having a will and having a trust. In true lawyer fashion, my response is always “it depends.” A Last Will and Testament includes written instructions to you…
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What happens if I die without an estate plan? As an estate planner, this is one of the most common questions I receive. The answer is not as simple as most assume. Many factors play a role in answering this question: Were you married? Did you have ki…
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When a loved one dies, family members often wonder what to do and where to start in the Probate process. This article will provide some basic information to give the reader an idea of where to begin. First Steps—Determining the Validity of The Will…
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