Stevens & Malone, PLLC Legal Blog
Four key points in commercial real estate due diligence
Choosing to buy commercial real estate is a major decision. It’s a business action that could prove lucrative, but it’s also risky. If you don’t buy the right property, or if you buy it at the wrong time, then you could end up locked into a purchase agreement that...
Tips for closing on a ranch purchase
Purchasing or selling real estate is a major financial transaction for everyone involved. If the piece of real estate is a type you have never purchased or sold before, such as a ranch, it is best to know what to expect to decrease the chance of complications....
Don’t make these four estate planning mistakes
Creating a thorough estate plan can give you peace of mind, protecting your assets while ensuring that your loved ones are taken care of in a way that you want. Yet, the estate planning process isn’t as easy as some would have you believe. Sure, you can pass your...
What expenses can be covered by a special needs trust?
If you have a loved one with extensive medical needs, then you’re probably worried about how they’re going to get by when you’re no longer around to support them. While you might be able to alleviate some of your concerns by leaving assets to your loved one through...
The role of escrow in a real estate sale
Buying or selling real estate is a complex process that comes with many steps and requirements. If this is your first time completing a real estate transaction, you may hear several unfamiliar terms, such as escrow. Since most real estate transactions in Texas involve...
Limited liability companies need to get owners on the same page
When selecting a type of business formation, many businesses can benefit from a limited liability company, also referred to as an LLC. This combines aspects of a corporation and a partnership. With the LLC, the owners will have invested capital into the business. The...
How to avoid an estate challenge based on mental capacity
Ideally, you wouldn’t wait until the last minute to create your estate plan. There are many reasons for this, including giving yourself time to assess your estate planning options fully and ensuring that you have the time needed to create the holistic and cohesive...
Know the facts when bringing a partner into a business
Texas businesses that are looking to grow and carve a greater footprint in their market might want to explore various strategies to expand. One that carries with it great benefit and risk is adding a partner. Partners can be useful because they can look at the...
Tips for negotiating your business sale
The sale of a business involves quite a bit of negotiating. Although you might be ready to sell your business, finding the right buyer and negotiating the right deal can be complex and take time. Prepare yourself by gathering as much information on your business as...
Title disputes and real estate: Five things to know
Purchasing a home is a monumental step, but title disputes can turn this dream into a legal nightmare. It is helpful for homebuyers to understand the basics of title disputes to help reduce the risk of any surprises at closing. Five common questions are answered below...