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Author: Robert Newton

RNN LAW > Articles posted by Robert Newton

The Importance of Annual Corporate Meeting Minutes

In the bustling world of corporate governance, maintaining meticulous records can often feel like a daunting task. Yet, one of the most critical practices for any corporation, regardless of size, is the regular documentation of meeting minutes. As an attorney with extensive experience in business law, I cannot stress enough the importance of conducting and maintaining annual meeting minutes. This article aims to illuminate the reasons why this practice is not just a formality but a strategic necessity for your business. Legal Compliance: Avoiding Unnecessary Risks One of the foremost reasons for maintaining annual meeting minutes is legal compliance. Corporate laws in...

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The Benefits of Enhanced Life Estate Deeds in Texas

Are you a homeowner in Texas looking to protect your property and ensure its smooth transfer to your heirs? Enhanced Life Estate Deeds, also known as Lady Bird Deeds, could be the solution you've been searching for. As an attorney specializing in estate planning, I'm here to demystify this powerful tool and explain how it can benefit you and your loved ones. What is an Enhanced Life Estate Deed? An Enhanced Life Estate Deed is a legal instrument used in estate planning that allows property owners to retain control over their real estate during their lifetime while also providing for its automatic...

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Why You Should Reinstate Your Texas Limited Liability Company

re you a business owner in Texas with a limited liability company (LLC) that has been administratively dissolved? If so, you might be wondering whether it's worth the effort and expense to reinstate your LLC. As an attorney specializing in business law, I'm here to tell you that reinstating your Texas LLC is not only important but also beneficial for several reasons. Let's explore why reinstatement should be a priority for your business: Regain Good Standing: When your LLC is administratively dissolved, it loses its good standing with the state. This means that your company is no longer recognized as...

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New HOA Landscaping Laws Explained

Your home is not just a place to live; it's an investment in your future and a reflection of your lifestyle. As an attorney who handles homeowner association (HOA) law, I understand the importance of maintaining and enhancing your property's value while navigating the intricate legal landscape of community living. In this article, I'll shed light on recent legislative changes impacting HOA landscaping in Texas, empowering you to make informed decisions to maximize your home's appeal. Understanding Your Rights: As a homeowner within an HOA-governed community, you have certain rights and responsibilities, including adherence to landscaping guidelines set forth by the...

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Understanding Irrevocable Life Insurance Trusts in Texas

Introduction: As a Texas attorney dedicated to helping individuals protect their assets and secure their family's financial future, I often encounter questions about estate planning tools that can achieve these goals effectively. One such tool that deserves attention is the Irrevocable Life Insurance Trust (ILIT). In this blog post, I'll provide a comprehensive explanation of what an ILIT is, how it works specifically in Texas, and why it's an essential component of estate planning for many Texans. What is an Irrevocable Life Insurance Trust (ILIT)? An Irrevocable Life Insurance Trust (ILIT) is a trust established to hold life insurance policies outside...

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Understanding Transfer on Death Deeds: A Comprehensive Guide for Texas Residents

Are you a Texas resident looking for efficient estate planning tools to secure your assets and protect your loved ones' future? If so, you may have heard about Transfer on Death Deeds (TODDs) but might not fully understand how they work and how they could benefit you. In this guide, we'll delve into the specifics of TODDs and why they could be a valuable addition to your estate planning strategy. What Are Transfer on Death Deeds? Transfer on Death Deeds, also known as beneficiary deeds, are legal documents that allow property owners to designate beneficiaries who will inherit their real estate upon...

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Empowering Your Future: Understanding Durable Power of Attorney in Texas

Introduction: In the vast landscape of estate planning, one crucial document that residents of Texas should be well-acquainted with is the Durable Power of Attorney (DPOA). This legal instrument empowers individuals to make important financial decisions on your behalf, offering peace of mind and security in times of need. In this SEO blog post, we'll delve into the specifics of a Durable Power of Attorney in the state of Texas, highlighting its significance, key elements, and how it can be a cornerstone in your comprehensive estate plan. What is a Durable Power of Attorney? A Durable Power of Attorney is a legal...

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Navigating Legal Partitions in Texas: Your Comprehensive Guide

Introduction: Legal partitions in Texas play a crucial role in property ownership, division, and rights. Understanding the intricacies of these partitions is vital for property owners, investors, and anyone involved in real estate transactions in the Texas. In this comprehensive guide, we'll delve into the legal aspects of partitions in Texas, offering insights and guidance to navigate this often complex terrain. Defining Legal Partitions in Texas: Legal partitions refer to the division or separation of real property among co-owners. This can involve physically dividing the property or assigning specific rights and interests to each party. In Texas, legal partitions are governed...

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Opening a Business in Texas

Starting a business in Texas is a big step for anybody. Sometimes it is a decision to quit one’s job and embark on your own journey. Other times, your new venture started as a hobby that grew into a business. Whatever the case, there are certain Texas legal matters that should be considered. Texas business attorneys will usually advise that you need to open a business entity. The primary choices are a Texas limited liability company, Texas corporation, Texas S-corporation, or Texas limited partnerships. The choice will be dependent upon your business’s composition, business purpose, and business goals. They types of...

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Texas Directive to Physicians

A Texas Directive to Physicians is a document that provides a person’s end-of-life decisions. It is typically prepared by a Texas estate planning attorney. Additionally, it can be called different things, such as a living will – not to be confused with the last will and testament which covers the distribution of one’s estate upon his/her death. Further, the Texas Directive to Physicians obviously does not apply unless the person signing the directive is unable to make his/her own health care decisions. The Texas Directive to Physicians covers two basic conditions. The first condition is the terminal condition. A terminal condition...

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