By Bret L. Strong | Published August 1, 2016 | Posted in Uncategorized | Leave a comment
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The Uber Controversy: An Example of the Clash of Two Worlds
Today we live in a world that is built around handheld devices that satisfy the freedom of instant access and gratification. This new reality means we may have to sacrifice some privacy and sometimes potential safety, for convenience, a controversial trade-off perfectly embodied by the successful car service Uber. Simply open an app on your Read More
Read MoreCan I Tell You A Secret?
Information is everywhere. We are inundated with information on a daily basis, and in the world of business, information is king. Information drives business decisions, and generally speaking, the more information you have, the more likely your decisions will result in positive outcomes. Therefore, information is valuable, information is a commodity, and information must be Read More
Read MoreEstate Planning: One Size Doesn’t Fit All – Part III (Special Circumstances)
In Parts 1 & 2 of this series we discussed the potential for older documents to involve too much or too little estate planning (i.e. “over planning” and “under planning”, respectively). In addition to under planning and over planning you should also be aware of some unique circumstances that require consideration in your estate plan. Read More
Read MoreWhat’s Good for the Goose…
Part 1 – The Pros and Cons of components of a business purchase and sale from the Buyer’s and Seller’s perspective. We have all heard the old adage “What’s good for the goose is good for the gander.” While this is true in many life situations, this wise saying is often times not applicable in the Read More
Read MoreIdentity Theft Hits Oil Companies
Potential Risk and Liability for Scammers Stealing Identities and Royalty The oil industry is an interesting mix of the “wildcatter” attitude partnering with property owners (both surface and mineral) to work toward finding and producing valuable oil and gas for the benefit of all. Since Edwin Drake’s first oil well in 1859 in Pennsylvania, oilmen Read More
Read MoreFinding Funding for Your New Business
Thinking about starting or buying a new or existing business? While that decision is undoubtedly a hard one, the next decision can be equally, if not even more, difficult. How did I pay for it? How to fund the purchase of a business is a question that we have help clients through countless times at Read More
Read MoreEstate Planning: One Size Doesn’t Fit All – Part I (Over Planning)
With the increase of software packages and online companies that provide forms to complete your estate planning many people think their wills or trusts should be “one size fits all.” Unfortunately, there are very few things in the law that apply equally well to all people and all circumstances and estate planning is no exception. Read More
Read MoreRegistered Agents for Texas Entities
Section 5.201(b) of Texas Business Organizations Code (the “TBOC”) requires that every domestic or foreign filing entity (including without limitation, any limited liability company, corporation, limited partnership, non-profit corporation, and professional association) maintain a registered agent and a registered address in Texas. Failure to comply with these statutory requirements will result in the Secretary of Read More
Read MoreBusiness Owner Planning: Money Now or Business Later
Let’s be honest, not every child is looking to own or run the family business. Many children would be happier to receive a lump sum of money and be done with it. Not surprisingly, clients are often looking for advice on how to avoid a family squabble when one child wants to own/run the business Read More
Read MoreContemplating an Oil & Gas Lien? Attention to Detail is Critical
During years when the oil and gas market is in a downturn and companies begin to face cash flow issues, it is common to see an increase in late or unpaid material and service invoices. It is important during these times for companies to carefully monitor and take the proper steps associated with the potential Read More
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