06 December

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Secure Your Legacy: Why a Trust is More Powerful Than a Will

in Business Law, Estate Planning, Government/Legislation, Probate, Real Estate Law, Wills & Trusts

For Frisco and Dallas-Fort Worth (DFW) families planning for the future, the choice between a will and a trust is one of the most critical decisions you will make. While a will dictates your wishes, a Texas trust provides a robust, private, and efficient legal structure to protect your assets and your loved ones right here in the Metroplex. It’s an essential tool for comprehensive estate planning in the Lone Star State, going far beyond what a simple will can achieve. The Top Benefits of a Trust Under Texas Law A trust, a legal arrangement where a trustee holds assets for the...

23 May

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The Importance of Annual Corporate Meeting Minutes

Posted by Robert Newton

in Business Law, Government/Legislation

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...

15 May

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Supreme Court Allows Sports-Betting – What does it Mean for Frisco?

Posted by Robert Newton

in Business Law, Elections, Government/Legislation, Real Estate Law

On May 14, 2018, the Supreme Court of the United States held that the provisions of the Professional and Amateur Sports Protection Act (PASPA) restricting states from allowing sports betting is unconstitutional. It will be a popular decision in the sense that it will make headlines around the country. Various angles of the holding could be written in multiple sections of the daily newspaper. It appeared on every television set during the local and national news broadcasts. And, one can bet, it will be among the hottest topics debated by the candidates in Texas’ next election season. The issue in Murphy...

22 December

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2017 Tax Cuts and Jobs Act

Posted by Robert Newton

in Business Law, Government/Legislation, Real Estate Law, Wills & Trusts

The Tax Cuts and Jobs Act has now been passed by Congress and is awaiting President Trump’s signature. The question now arises, what does this mean for the average resident living in Frisco, Texas? Tax bills, as are most bills, are horrible to read because they simply amend existing sections of code. The Tax Cuts and Jobs Act is no different. So, below are a few highlights into how the Act could affect you, if and when President Trump signs it into law. Individuals The biggest change to individuals will likely be the increase of the standard deduction to $24,000 from $12,700...

25 September

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Congressman Michael Burgess (TX)-Obamacare Video

Posted by admin

in Government/Legislation

I believe it is important to know what your elected officials think about the most important topics of the day. My elected US Representative is Michael Burgess. Here is a video of him on the floor explaining the process of how the Affordable Care Act (Obamacare) was implemented, and why he believes it should not be funded. Regardless of your own beliefs on any particular topic, each of us should take the time to know our elected officials. I'll try to post additional information from some of Frisco's other elected officials, as well. Robert Newton is an attorney based in Frisco, Texas, that practices...

14 May

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Property Tax Protest Deadline ? May 31, 2013

Posted by admin

in Government/Legislation, Real Estate Law

Hello Texas residents. This is a reminder that the general protest deadline for property taxes is May 31, 2013. If the Notice of Appraised Value was mailed after May 1, then the deadline would be thirty (30) days from the date the notice was mailed. Proper reasons to protest include the following: (i) disagreement as to the market or appraised value of the property; (ii) the unequal appraisal of the property; (iii) the inclusion of the property on the appraisal roll (iv) the failure to apply exemptions; (v) qualification of timber or agricultural appraisals; (vi) taxable status of the property; (vii) the property is not within a particular...

13 May

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Results of the May 11, 2013 Election

Posted by admin

in Elections, Government/Legislation

I hope everyone remembered to vote. Below are the links to the election results from the May 11, 2013 elections. Click on your county and scroll to your jurisdiction(s). Collin County Election Results Dallas County Election Results Denton County Election Results Tarrant County Election Results From your Frisco, Texas, attorney. ...

11 May

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Vote Today ? Saturday, May 11, 2013

Posted by admin

in Elections, Government/Legislation

Local Elections are today. Be like Nic and vote! Polls should be open until 7:00 p.m. You can find voting location and sample ballots by clicking on your below county. Also, don’t forget to review the candidates and bond proposals. Collin County Voter Information Dallas County Voter Information Denton County Voter Information Tarrant County Voter Information From your Frisco attorney, Robert Newton ...

08 May

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Texas Home-School Students Access to Public School Sports (The Tim Tebow Bill)

Posted by admin

in Government/Legislation

The Texas Senate passed a bill (21-7) affectionately coined the Tim Tebow Bill on April 25, 2013, which is formally known as S.B. 929. The bill would allow home-school students to participate in sports for the schools they would otherwise attend. The bill is currently being considered by the House Education Committee. A brief description of the bill follows: (i) A public school that participates in the University Interscholastic League (UIL) must allow home-school students that otherwise meet the eligibility standards to participate in sport activities in the same manner as students actually enrolled in the public school. (ii) The home-schooled student...