Our law firm routinely receives calls from prospective clients complaining that they gave someone money to buy a property and were supposed to receive their money back plus a return at the sale of the property. The prospective clients go on to elaborate that there was no written agreement and their name is nowhere on […]
Author: Philip Silberman
Entity Formations for TX Small Businesses FAQ
Our firm receives numerous requests from small business owners desiring to form an entity to continue or commence business operations. Some of the frequently asked questions our firm receives are listed below.1) What are the advantages of forming a LLC or corporation entity as opposed to operating as a sole proprietor or partnership?The primary advantage […]
The Problem of “Heir Property” and The Affidavit of Heirship
Chapter 203 of the Estates Code details the effect of an affidavit of heirship in a court proceeding and provides a permissible form of the affidavit. However, chapter 203 is devoid of any practical explanation of when and how these affidavits are commonly used.While there are multiple scenarios when an affidavit of heirship may prove […]
Help! I am Still on the Mortgage
Our law firm commonly gets requests from people complaining that they are still listed on the mortgage and therefore still financially liable for the mortgage payments even after they no longer have any practical connection to the property. These situations usually arise in the context of a previous marriage or previous relationship where people purchased […]