Archived
If a property was inherited to a "husband" and the husband dies, does the "wife" get life estate at that property?
Orsen's answer
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Answered on August 08, 2016
A life estate cannot be inherited. It exists only for the life of the person who owns it. Assuming your husband's mother was married to his...
Archived
Does my will have to state that my ex will be paid child support if I am leaving my children a life insurance policy in a trust?
Orsen's answer
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Answered on August 08, 2016
I say what I am about to say with genuine concern for your spouse and children. it sounds like you are about to engage in do-it-yourself estate...
Can I break my lease for my small business if it gets robbed too many times?
Orsen's answer
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Answered on August 08, 2016
You can always ask but I have never seen a landlord voluntarily terminate a lease because the tenant asks nicely. Take your lease to an...
Archived
Is it "theft" when my LLC partner won't work as required by Regulations but still draws Guaranteed Partner Payments?
Orsen's answer
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Answered on August 08, 2016
You need specific legal advice and we don't do that. But, you need it. If the company is willing to lose $32K/mo surely it is willing to pay for...
Archived
Why are not for profit foundations such as LiveStrong formed as corporations rather than a not for profit LLC?
Orsen's answer
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Answered on August 08, 2016
First, understand that entities like limited liability companies and corporations are formed (chartered) under state law and those laws vary from...
Archived
Tarrant county Texas illegal evictions in a marriage
Orsen's answer
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Answered on August 08, 2016
That is not an eviction at all. Clearly there are more facts than you have available. She might check to see if her husband has filed for divorce...
Archived
Whom would I contact about initiating an investigation around my mother's death? She lived in Midland, TX
Orsen's answer
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Answered on August 08, 2016
A tragic story and one that might have aroused the attention of the Midland County District Attorney's office were it not for a two year gap...
Archived
Liability for RV park
Orsen's answer
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Answered on August 04, 2016
The purpose of an entity like a LLC is to insulate your personal assets from the liabilities which can be incurred by the business. An RV park...
Can my mother's creditors claim or take the mineral rights of the small percentage of leased oil land that she left me?
Orsen's answer
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Answered on August 04, 2016
Mr. Turner gives an excellent response. Doing nothing is the worst thing you could do. But, you are going to need an experienced probate...
Archived
How do I transfer a rental house, owned outright, from a single owner (me) to my Revocable Living Trust?
Orsen's answer
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Answered on August 04, 2016
Yes, deeding the rental income property to a Texas LLC owned with you as the member and then transferring your membership in the LLC to your Living...