A “tag-along” right allows a minority shareholder to join a sale initiated by a majority shareholder, essentially letting them sell their shares at the same price and terms as the majority shareholder, while a “drag-along” right forces a minority shareholder to sell their shares alongside the majority shareholder if the majority decides to sell their […]
In 2022 a new rule allows you can apply for the Texas homestead exemption in the same year that you purchased your home. You can file your application for the exemption at any time. Your application must be mailed by April 30th to be processed in time for your fall property tax bill. If you […]
The Texas State Code, Section 11.13: Residence Homestead explains the Texas Homestead Exemption. The code requires public school districts give a $25,000 exemption on residence homesteads that are located within their districts. A residence homestead must be the primary residence. The code also provides that a homeowner is entitled to an exemption of up to […]
A Texas property transferred into a Trust can still qualify for the homestead exemption. However, the property must be placed into a qualifying Trust. A qualifying trust in Texas is a trust that allows a beneficiary or the trustor to live in a property as their primary residence and receive the homestead exemption. What is […]
How can you Protect Your Business from being sued? will end in 2 As a business owner, you try to do everything you can to limit risk for your business. However, there are some actions you can take to protect your company from being sued. Here are five important ones. 1. Watch What You Say […]