What Is a Trust? What Are the Benefits of a Trust? What Are the Different Features of a Trust? You've worked hard and been smart with your investments, so you have a substantial net worth or a nice little nest egg. You want to ensure that it's ...

What Are the Differences? If you're like more than 2/3rds of Americans, you don't have any formal estate plan in place to ensure the orderly distribution of your property in the event of your death. That typically means that your assets will be ...

What Is It? When Can It Be Used to Void a Contract? Suppose you enter into a contract to deliver a quantity of manufactured goods to a customer. Your goods require a specific device as a part of the assembly process. After you enter into the ...

When Can You Argue that You Didn't Agree of Your Own Free Will and Knowledge Under long-established law, one of the requirements for a contract to be valid and enforceable is that all parties must have voluntarily entered into the agreement. What ...

What Situations Involve a Potential Lack of Contractual Capacity? For a contract to be binding and enforceable, the parties to that contract must both have what is known as "contractual capacity." What does that mean? When might a person fail to ...

What Must an Offer Contain? When Is an Offer Not an Offer? One of the basic requirements of a valid and enforceable contract is an "agreement." Under contract law, an agreement requires an "offer" and acceptance of that offer. In business, though, ...

Does Every Business Need It? What Does It Cover? When you own and operate your own business, one of your greatest concerns is protecting your investment. While setting your business up as a corporation or limited liability company can safeguard your ...

The Benefits of a Single Member Corporation or Limited Liability Company In Texas, you can create a small business without filing any legal documents, if you set your business up as a sole proprietorship. You can, however, choose to operate your ...

Strategies to Maximize Safety of Personal Assets You've worked hard to build your business and provide for your loved ones. Unfortunately, it's a litigious world and you're always at risk of lawsuits. You want to take all the right steps to ensure ...

The Differences between a Confidentiality Agreement and a Non-Compete Agreement In today's business climate, where the success of many businesses is built on proprietary products and information, keeping that information private can be critical. As ...