The NetOffer Dallas Legal Services SuperBLOG for September 16, 2009

Posted by NetOffer in Dallas-Fort Worth-Arlington, TX on Sep 16, 2009

The NetOffer Dallas Legal Services SuperBLOG offers information of interest to business owners in the Dallas Fort Worth Area.
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Irving business attorney discusses issues to consider when choosing to incorporate. Selecting your business structure is one of the most important decisions you will make. You should take the time to consider all of your options before selecting a business structure. When you create a corporation you are creating an entity that is completely separate from the owners and shareholders. The corporate entity will continue to exist until dissolved. It is this separate entity status that provides the protection to shareholders from corporate debts and liabilities. This liability protection is often the primary reason for selecting incorporation. One of the first decisions to be made is the name of the business. When forming as a corpor  [more info...]

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PLANO BUSINESS LITIGATION ATTORNEY RICHARD ARMSTRONG believes the Texas high court properly found no partnership in Deere v. Ingram. On July 3, 2009, over five years after we tried the lawsuit to a Dallas jury, the Supreme Court of Texas affirmed the decision of Dallas County trial court in Ingram v. Deere, ___ S.W.3d___ (Tex. 2009). In that case, the jury stung our client, a licensed behavioral psychologist, with five million dollars in damages which the Plaintiff psychiatrist had argued was his proper share of past and present "partnership" earnings. Essential to his position, of course, was that the jury find a partnership existed in the first place. The jury so found, and thus ensued a battle through the app  [more info...]

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Irving business attorney provides an overview of the four basic business entities. Understanding the differences between the types of business entities will help you select the best entity for your business. Sole proprietor is the easiest business to start. This requires nothing but that you begin providing a product or service and you must file an assumed name certificate in the county where you will be working. While this is the easiest form it has no liability protection at all. Partnership is a business structure that includes two or more people. If no formation papers are filed with the secretary of state what is created is a general partnership. A general partnership is the default business structure of two or more people p  [more info...]

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Plano wrongful death lawyer Richard L. Armstrong believes one of the worst things a wrongful death victim's family can do is to put off visiting an attorney. "Even if you end up not pursuing your claim," states Armstrong, "you owe it to yourself to keep your options open as long as possible." In Texas, the statute of limitations, or time limit within which a wrongful death lawsuit must be filed, is two years from the date the claim accrued. A few notable exceptions exist, however, to this general rule. The most common one is the rule "tolling", i.e., extending, the statute of limitations applicable to minors claimants. Because a minor is considered to be under a legal disability and therefore incompetent, the statute of limitations on  [more info...]

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Irving Attorney explains living wills. How does a living will differ from other estate documents and why do you need one? Directive to Physicians is the legal name for the document known as a living will. This legal name is appropriate because the purpose of a living will is to provide direction to medical professionals and loved ones on the type of care you wish at the end of your life. A list of specific procedures that should or should not be performed can be included. A person can be named to make decisions for you if you are unable to make decisions for yourself. This document works hand in hand with your medical power of attorney. The medical power of attorney is effective until a doctor's decision about your condition trig  [more info...]

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