By Brian Albert | Published January 5, 2015 | Posted in Uncategorized | Leave a comment
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“New Year’s (Business) Resolutions”
Every year as the holidays approach, many of us find ourselves thinking back on the past year’s successes and items to improve on. We consider the highs and the lows, and we start looking toward the coming year. The classic “New Year’s Resolution” is often looked at as a chance to kick a bad habit Read More
Read MoreHoliday Gifting
Holiday Gifting The holiday season is fast approaching and for many people, this is a time of exchanging gifts with family or charitable giving. Those who choose to make large gifts to individuals during this time should be aware of the annual exclusion amount set by the IRS. The annual exclusion is the amount in Read More
Read More5 Reasons Why You Should Not Dread Holiday Parties
It is that time of year when holiday party invitations start rolling in the mail. For some, the enormous amount of holiday invitations and events can become overwhelming. The reality is, we are all obligated to attend certain holiday parties, but instead of approaching the upcoming party season with dread, consider the following 5 reasons Read More
Read MorePlanning for Your Children’s Success: Concerns of a Business Owning Parent
According to the Family Business Institute, only 30% of family businesses survive beyond the first generation. [https://www.nytimes.com/2012/04/05/business/smallbusiness/how-they-beat-the-odds-to-keep-family-businesses-healthy.html?pagewanted+all&_r=1&]. While there are a variety of reasons why family businesses fail in subsequent generations, it is generally agreed that careful and intentional planning is a key component to reducing that risk. [https://hbr.org/2012/01/avoid-the-traps-that-can-destroy-family-businesses/ar/1]. An early consideration is whether your Read More
Read More“Seller Financing: The Purchase of a New Business”
One of the first questions that a buyer and seller of a business has to answer is how the purchase will be funded. While being able to purchase a new business with cash at closing is of often ideal, it is often not possible. Having the seller of the business finance all or part of Read More
Read MoreLiving Will v. Last Will and Testament
An estate plan can be described in two major parts: documents that speak for you while you are alive and those which speak for you after you pass away. Both a Living Will and a Last Will and Testament are important legal documents that speak for you at different times. Every adult should take the Read More
Read MorePlanning for Your Children’s Success: Concerns of a Business Owning Parent
According to the Family Business Institute, only 30% of family businesses survive beyond the first generation. [https://www.nytimes.com/2012/04/05/business/smallbusiness/how-they-beat-the-odds-to-keep-family-businesses-healthy.html?pagewanted+all&_r=1&]. While there are a variety of reasons why family businesses fail in subsequent generations, it is generally agreed that careful and intentional planning is a key component to reducing that risk. [https://hbr.org/2012/01/avoid-the-traps-that-can-destroy-family-businesses/ar/1]. An early consideration is whether your Read More
Read MoreKnocking Out Bullying in the Legal Profession
I am sad to report that bullying is still alive and well in the legal profession. Unfortunately, I have found that the mass majority of this behavior stems from senior attorneys with decades of practice experience under their belt who quite frankly feel that threatening and bullying a younger, less experienced, associate is the sure Read More
Read More“Free Money” Government Grants for Your New Business: Fact or Fiction?
How to fund the purchase of an existing business or the start of a new business is often the first and the most difficult question a new business owner will face. At the Strong Firm, we have helped clients work through this question countless times and have examined a wide variety of new business funding Read More
Read MoreResidential Construction Defects: What all Homeowners Should Know
We are currently experiencing a construction boom, both in the residential and commercial sectors. This article focuses on the influx of residential construction defect litigation in Texas and a brief step-by-step approach for homeowners to follow if they are considering going after their builder for a defectively constructed residence. First, it is important to note Read More
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