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 …
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 …
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 …
What is a Power of Attorney? Is there more than one type or can I use one form for everything? I already have a Will and a named Executor – is this different? These are all questions we hope to illuminate for you in this post. Powers of Attorney are very important to have in place to protect yourself, your …
The Families First Coronavirus Response Act was passed by Congress to provide a way for employees to receive payment during the coronavirus pandemic shut-down. It was written quickly, and frankly, there are still questions about some of the provisions and a lack of clarity in a number of places. It is quite complex, but briefly, there are two main parts …
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 …
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 …
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 …
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 …
How are stocks, accounts, and brokerage accounts transferred after the death of the owner? You may have spoken with the account holder and they say they need “Letters Testamentary.” How do you write those Letters? Don’t let that term fool you! Letters Testamentary are the formal court document showing the appointment of an Executor or other Personal Representative of an …