The technical meaning of probate is simple: it is the court procedure where a deceased person’s will is proved to be valid or invalid. In Texas (and most states), this
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Clients with business entities have had some planning flexibility to be able to maintain privacy regarding the ownership and control of LLCs, LPS, and corporations. The Corporate Transparency Act (the
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The IRS has said a recent court decision upholds its longstanding position regarding abusive microcaptive insurance transactions. In Reserve Mechanical Corp. the court upheld the IRS’s position on abusive microcaptive
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Sprouse Shrader Smith is proud to announce the appointment of Mindi B. Zanowiak as a Member of the State Bar of Texas Minimum Continuing Legal Education Committee. This committee works
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At this time of year, the IRS mails notices to taxpayers regarding their recently filed returns. Notices are sent for a variety of reasons that don’t involve collection, so there’s
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Recently the Potter-Randall Appraisal District (“PRAD”) has been sending letters to local residents who own their personal residence in a trust threatening to revoke those residents’ homestead property tax exemptions.
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