Stevens & Malone, PLLC Legal Blog
What are my duties as the executor of a will?
Being appointed the executor of a will in Texas comes with a great deal of responsibility. An executor is the person who oversees the administration of someone’s estate after they pass away. You must choose an executor when you create your will, and you will likely...
What happens at the closing of the sale of a business?
There are many reasons why a Texas business owner may decide to sell their business. Some owners may find that selling the business is the best way to help it grow, while others may be trying to deal with their own feelings of burnout. In any case, making sure the...
Should you own property in Hill Country as tenants in common?
Many people in Texas Hill Country are looking to get into real estate ownership with a business partner, or perhaps they share an inherited piece of property they share with a relative. If so, they may co-own their property as tenants in common, meaning they each have...
Estate planning for business owners
Life and business intersect in Texas all the time, especially for business owners. It is wise for business owners who are crafting an estate plan to be fully aware of how this is handled by the courts and their personal representative whether it is an executor or an...
Tips for effective estate planning in a blended family
A lot of people put off estate planning for far too long. In many instances, individuals do this because they think they don’t need anything more complex than a basic will. Others are fine with their assets being distributed in accordance with the state’s intestate...
Avoid these 5 common partnership mistakes
The business formation process can feel overwhelming. When you’re eager to get your business up and running and earning money, you can be tempted to rush some early decisions. But doing so can be risky, putting you and your endeavor at risk. This can be especially...
What if I die without an estate plan in Texas?
Texans pride themselves on being prepared for every eventuality in their business, their education and their personal lives. It is a fundamental part of being a resident of the Lone Star State. However, there are times when people do not take the necessary steps in...
Common closing problems (and how to avoid them)
Buying a house is an exciting and fulfilling experience, but it can also be a bit overwhelming. As a home buyer, it's essential to understand the potential issues that can arise during the closing process. Here's what you should know about what can go wrong during...