What is Probate and How Did It Become a Dirty Word?

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
Read MoreThe 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
Read MoreClients 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
Read MoreThe 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
Read MoreSprouse 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
Read MoreAt 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
Read MoreRecently 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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