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 […]
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How Can You Protect Your Business From Being Sued?
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 […]
What is a Board Member’s Fiduciary Duty?
What is a fiduciary duty for Board Members?For businesses, fiduciary duty is the legal and ethical responsibility of board members (known as the fiduciary) to act in the best interests of the business and its shareholders. It’s the most important and basic obligation required to ensure a strong legal and professional relationship between every board […]
AI Laws Differ by State
The laws governing artificial intelligence are increasingly different depending on where you are in the US, a mounting source of confusion for businesses racing to capitalize on the rise of AI. This year, Utah state lawmakers are debating legislation requiring certain businesses to disclose if their products interact with consumers without using a human. In […]
Tips for Starting Your Own Business
8 Tips for Starting Your Own Business in 2024 Identify your business’s value proposition. What will your new business offer? What problem will your business help solve for your customers? How is what you will offer different from existing businesses or competitors? As you think about what your new business will do, make sure to […]