Enactment of Texas Business Organizations Code

The Texas Legislature enacted the Texas Business Organizations Code (

 
Status of Federal Estate Tax for 2010

What is the status of the federal estate tax for 2010?

There is no federal estate tax in 2010 so if a person dies, his entire estate will pass free of tax to his spouse, children, or heirs.

 
Prospective Increase in the Margin Tax Exemption

Small business owners who previously have not qualified for an exemption from the margins tax may now benefit from a substantial increase in the exemption amount.

 
Don't Lose Your Claims in the Probate Process

Creditors of decedent's estates often have their claims barred because they don't understand the very strict and complicated process for handling claims set out in the Texas Probate Code.

 
Beneficiaries Must Be Notified Under New Law

What seems like it was only yesterday, the beneficiary of a Will never had to be notified of the existence of a Will, or that a person's Will was even probated.

 
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