Can You Sue a School? Your children are the most important thing in your life. Their education and well-being are always a top priority. What if there is an incident at school? Does a parent have the right to hold the school and its employees accountable under the law? There is an old saying for […]

Buying and Selling a Business – Asset or Equity Sale? You’ve decided to either sell your current business or buy a new one. You’ve done a business valuation or appraisal to confirm the value of the business, including its assets, goodwill, and related factors. The next step is to determine the purchase price and how […]

I’ve Decided to Sell My Business- What Do I Do? Whether you started it in your garage or bought in at the ground level, you’ve dedicated your time, energy, and talent to creating and growing your business over the last several years. Now, you’re ready to try something new – whether it’s a new business […]

How Long Do I Have to Probate a Will in Texas? When a loved one dies and leaves property that has not already been transferred and received by a beneficiary, in order to distribute property according to a Will in Texas, a Will must first be admitted to probate. Probate is the process in which […]

Avoiding Probate Court (Series III) – Procedure of Probating a Will as a Muniment of Title In our Avoiding Probate Court (Series II) – Small-Estate Affidavits blog, we addressed how to avoid formal court proceedings by preparing and filing a Small Estate Affidavit. This Series III blog, the final of its series, will discuss the […]

Making Your Charitable Dreams a Reality – Part Two: The Application Once you have your nonprofit corporate entity formed, it is time to apply for tax-exempt status.  The tax exemption application must be filed within 27 months from the end of the month in which it was formed.  There are exceptions to this rule, but […]

Avoiding Probate Court (Series II) – Small-Estate Affidavits Although formal court proceedings are typically required in order to properly transfer property after death, avoiding probate court and formal court proceedings is possible under certain circumstances. In our Avoiding Probate Court (Series I) – Affidavits of Heirship: Considerations and Concerns blog, we addressed how to avoid […]

Making Your Charitable Dreams a Reality – Part One: Formation The attorneys at Waldron & Schneider enjoy helping clients make their charitable dreams come true by turning their charitable ideas and passions into an official charitable organization or private foundation. Achieving tax-exempt status requires several steps including: forming a corporate entity, obtaining an employer identification […]

Avoiding Probate Court (Series I) – Affidavits of Heirship: Considerations and Concerns When a loved one passes away the process to pass property and assets according to estate documents and Texas state law is often difficult and overwhelming. Gathering all of the required documentation and determining when or if to initiate court proceedings is not […]

ENSURING THE SAFETY OF TRUST PROPERTY TRANSFERS Whether creating a trust to avoid the hassle of probate court or to maintain an influence over assets, it is important to confirm that your property is transferred correctly. A recent decision in the U.S. District Court for the Southern District of Texas struck down a conveyance of […]

Defamation Claims in Texas…When can talking trash get you sued? In today’s digital age, it is very easy to spread information, whether it be opinion or accusation, out to hundreds – if not thousands – of other people with the click of a button. One hundred years ago, the way to make negative or broad statements […]

The Importance of a Complete Legal Description in Property Deeds and Estate Documents A legal description is a written record of a piece of land containing information that clearly identifies it. In a real estate deed or any type of document related to the transfer of ownership of property, a legal description of the real […]

Potential Legal Implications of the Promissory Note In the context of a trust, a power of appointment is a legally binding provision contained in a trust which gives a surviving spouse or other beneficiary the authority to change or re-direct the trust’s property in a way that may be different from the disposition otherwise provided […]

Revocable Trust Funding A revocable trust must be properly funded by the grantor or settlor during their lifetime, especially if the primary goal of forming the trust is to avoid probate. This article provides a summary of assets that can and cannot be transferred to a revocable trust, as well as a summary of potential […]

Potential Legal Implications of the Promissory Note The Promissory Note is a valuable tool used by individuals and businesses alike to lend and borrow money outside the parameters of traditional financing through a bank. Promissory Notes are often made for investment purposes but can also be used for personal reasons, to provide financing when funds […]