If a Foreign Entity is a Foreign Trust

United States persons who have foreign transactions present a number of compliance problems for the IRS. It is difficult for the IRS to know whether taxpayers are simply not paying U.S. taxes on foreign transactions. The IRS officially recognized the significance of its international tax limitations in 2010 when it renamed its large business division……

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Can a marking such as an “x” be enough to validate a signature on a will in Texas?

When it comes to creating a will, it is important to make sure that the document is properly signed and executed. In Texas, there are certain requirements that must be met in order for a will to be considered valid. One question that often arises is whether or not a simple marking, such as an…

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What is the most important thing for a Texas executor to remember?

As the executor of a will in Texas, it is important to understand and fulfill your legal obligations and responsibilities in accordance with the laws of the state and the terms of the deceased person’s will. The role of the executor is to manage the deceased person’s assets, pay debts and taxes, and distribute the…

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