Buying and Selling Ownership Interests in an LLC

The beauty of a Limited Liability Company is in its flexibility and simplicity. With this vehicle, business owners may easily set up their ventures with lower costs, less time, and far fewer questions through which to wrestle. Combine that with certain tax elections, and small businesses can get off the ground with a relatively light burden. However, the simplicity in …

Press Release – New Attorney!

Carpenter & Croft, PLLC is excited to announce the addition of Robert S. Lilly as an associate attorney to the firm. Bob was admitted to practice law in Texas in 2019. Prior to joining Carpenter & Croft, PLLC, Bob served as Corporate Counsel to a group of diverse small businesses in the Waco area. Bob has a passion for helping …

Press Release – Mary Margaret Croft named 2021 Texas Rising Star by Super Lawyers

Carpenter & Croft, PLLC is pleased to announce that Mary Margaret Croft has been named a 2021 Rising Star in the Texas edition of Super Lawyers Magazine. The Rising Star list is the result of an exhaustive, multi-phase selection process that mirrors the patented methodology used to assemble the Super Lawyers list. Attorneys designated as Rising Stars are up-and-coming attorneys …

Can I do an internet Will? Should I file my own LLC?

The internet is a great resource – but like any good thing, it can become a problem if used incorrectly. In the years that we have practiced we have come across unfortunate mistakes made from using internet wills and other online LLC filers. In many cases, undoing the problems caused by the internet will or the online LLC filer costs …

Press Release – Mary Margaret Croft named 2020 Texas Rising Star by Super Lawyers

Carpenter & Croft, PLLC is pleased to announce that Mary Margaret Croft has been named a 2020 Rising Star in the Texas edition of Super Lawyers Magazine. The Rising Star list is the result of an exhaustive, multi-phase selection process that mirrors the patented methodology used to assemble the Super Lawyers list. Attorneys designated as Rising Stars are up-and-coming attorneys …

Homestead Liens

Texas has very complicated homestead laws intended to protect individuals against “accidental” homelessness. There are very few ways a lien can be placed on a homestead, and each way is spelled out in the Texas Constitution. If you are a banker, homeowner, or work at a title company, you may have heard of the twin issues of “overburdening” the homestead …

Those Darned Restrictions!

Ready for the Summer real estate selling season? Here is a frequently asked question that has risen to the top:  How do you get rid of restrictive covenants or make changes to existing restrictions against property which are detrimental to a sale?  Like all good lawyer answers, it depends! Without any statement in the restrictions themselves about how to terminate or change …