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Successful business operations are based on careful planning, prudent governance and trusted legal guidance.

Protect Your Texas Business - Dallas Business Attorney Successful business operations are based on careful planning, prudent governance and trusted legal guidance. Whether you are selecting an appropriate entity ...

For those who own property within an HOA, the idea that an HOA can frequently amend its restrictions on the use of property in the community can be disconcerting, especially for those property owners seeking to list their property on Airbnb, Vrbo, or other similar short-term rental sites.

Airbnb / Vrbo : Amendments to Your HOA’s Governing Documents For those who own property within an HOA, the idea that an HOA can frequently amend its restrictions on the use of property in the community can be disconcerting, especially for those property owners seeking to list their property on Airbnb, Vrbo, or other similar short-term rental sites. With the g...

Texas is an “Employee-At- Will” state which gives few rights to an employee that are not created by statute or governed by labor regulations. An Employment Contract in Texas is of critical importance in order to create equal rights and obligations that are enforceable.

Employee-At-Will : Status in Texas and Employment Agreements Texas is an “Employee-At- Will” state which gives few rights to an employee that are not created by statute or governed by labor regulations. At-will employees can be terminated for any reason, as long as the reason is not in violation of specific statutes or is not due to failure or refusal of ...

Experience Matters when it comes to Tackling Tough Cases!

One major problem with a For Profit Corporation is the lack of flexibility to dissolve a Corporation when a disagreement arises between the equity shareholders.

Breaking Up a For Profit Corporation A For Profit Corporation can be a useful tool if utilized appropriately. One major problem with a For Profit Corporation is the lack of flexibility to dissolve the Corporation when a disagreement arises between the equity shareholders. If ownership in a For Profit Corporation consists of 50% - 50% s...

In Texas, a will controls the distribution of all assets in the probated estate. Certain assets are classified as non–probate assets and no Court intervention is required.

IRA - 401K - Life Insurance and Probate in Texas A common question to all Texas probate attorneys is, “What Letters of Testamentary do I need for my parent’s life insurance policies?” In Texas, a will controls the distribution of all assets in the probated estate. Certain assets are classified as non-probate assets and no

A Small Business owner, without proper preparation and/or knowledge, may soon be saying “our assets” instead of “my assets”.

Protecting Your Business from Your Future Ex-Spouse When couples says “I do” one must be thoughtful of the potential consequences to a Small Business owner. A Small Business owner without proper preparation and/or knowledge may soon be saying “our assets” instead of “my assets”. Small Business owners should closely examine their fiduciary...

When making the decision to enter into a For Profit Corporation, and splitting equity within the Corporation at a 50/50 ratio, please keep these things in mind.

Breaking Up a For Profit Corporation A For Profit Corporation can be a useful tool if utilized appropriately. One major problem with a For Profit Corporation is the lack of flexibility to dissolve the Corporation when a disagreement arises between the equity shareholders. If ownership in a For Profit Corporation consists of 50% - 50% s...

What happens when a HOA has either filed to foreclose or has already foreclosed on a homeowner's property?

Redeeming a Property Within a Residential Subdivision Homeowner’s Association Homeowners often begin to panic when they discover their HOA has either filed to foreclose or has already foreclosed on their property. Often, this happens (sometimes improperly) without the homeowner realizing or having knowledge the HOA was about to foreclose. The question then becomes, what happe...

A prenuptial agreement allows prospective spouses to, legally in advance, specifically define rights and obligations to each other and further allows spouses to decide their future marital property rights with relativity minimal judicial actions.

Texas and the Prenuptial Agreement In Texas, Prenuptial Agreements are becoming a very important tool for prospective spouses in the event of future marital problems. With the rise in divorce rates and more boomer/senior remarriages, many people with assets are turning to a marital contract to sidestep a potentially difficult and ver...

The fact that crypto can be self-custodied or held on a USB drive doesn't change what spouses are legally entitled to.

Crypto can make messy divorces even messier Crypto's unique nature makes it trickier to recover than typical assets in a marital split.

A deed is a legal instrument that transfers a property right in real estate. The most common types of property deeds are as follows:
-Quitclaim Deed
-Warranty Deed
--Special Warranty Deed – with or without retained Vendor’s Lien
--General Warranty Deed
-Deed Without Warranty
Other real estate documents discussed herein include:
-Deed of Trust
-Real Estate Lien Note (Promissory Note)
-Deed of Trust to Secure Assumption

Defining Real Estate Documents (Property Deeds, Deeds of Trust, and Real Estate Lien Note (Promissory Note) A deed is a legal instrument that transfers a property right in real estate. The most common types of property deeds are as follows: Quitclaim Deed Warranty Deed -Special Warranty Deed - with or without retained Vendor’s Lien -General Warranty Deed Deed Without Warranty Other real estate documents...

Both federal and state wiretapping laws apply to divorcing spouses.

Texas and Federal Confidentiality Laws: Use Caution with Your Texas Divorce There are many legal and proper ways to obtain proof of a spouse’s infidelity.  Take care to avoid tactics used to obtain private information that may violate federal and Texas confidentiality laws and a spouse’s right to privacy.  You may be tempted by others to obtain proof of a partner’s ...

The Nacol Law Firm P.C. represents individuals in all types of Texas will contests. To speak with one of our will contest attorneys, please call us at 972-690-3333 to schedule an appointment to discuss your case.

Probate Law and Will Contests Your Content Goes Here Wills — Probate Administration & Probate Litigation Probate Most estates must go through probate before estate property may be distributed, unless estate planning was done through a trust or a property was titled in beneficiaries’ names before the estate owner died. Probat...

Texas Wills - What makes a Will valid?

Texas Wills - What Makes a Valid Will Too often people do not get around to making a will. The problem is there is no deadline to make sure it is done before your death, and people do not like to...

How may the “Family Business” be divided between a dissolving couple to reach a fair and reasonable result for both parties?

Divorce And Your Business: Who Gets What In today’s unpredictable economy there has been a continuing growth of small businesses and a substantial decrease of existing established businesses in Texas. In the regrettable instance of “Divorce” how may the “Family Business” be divided between a dissolving couple to reach a fair and ...

While catering to the needs of small and large corporations, business professionals, and families, our doors are open to anyone seeking legal help. The Nacol Law Firm PC represents clients throughout Texas.
https://www.nacollawfirm.com/our-firm/

What is a Restrictive Covenant?
A restrictive covenant limits the permissible uses of land within the HOA. Read more on the blog of Texas Homeowners Association Attorney, Julian Nacol, of the Nacol Law Firm P.C.
https://hoaattorneydallas.com/what-is-a-restrictive-covenant/

Corporations allow limited liability, a pooling of resources from many parties willing to invest, centralized management, and free transferability of ownership at any time. All these reasons make the corporation business model agreeable and a logical option for many entrepreneurs.

Forming a Texas Business Corporation Starting a Texas business corporation is not as complicated as one might imagine. Corporations are widely used as a business structure for small thriving entrepreneurs for many reasons. Corporations allow limited liability, a pooling of resources from many parties willing to invest, centralized mana...

Employers must be aware of state and federal laws that govern employee hiring, compensation and treatment. Federal and State employment laws concerning wages and overtime are complex and impose significant responsibility on the employer.

Business Contracts : A Perspective for an Employer The best employment law defense counsel takes every aspect of a case into account, but most importantly the impact a lawsuit may have on the reputation and finances of the Company. Employers must be aware of state and federal laws that govern employee hiring, compensation and treatment. Federal and....

Are you in a Texas HOA and are looking to use your property for short-term rental purposes? Read about Texas HOA law on short term rentals.

Airbnb / Vrbo : Amendments to Your HOA’s Governing Documents For those who own property within an HOA, the idea that an HOA can frequently amend its restrictions on the use of property in the community can be disconcerting, especially for those property owners seeking to list their property on Airbnb, Vrbo, or other similar short-term rental sites. With the g...

Pursuant to Texas Property Code Sec. 82.103, “Each officer or member of the board is liable as a fiduciary of the unit owners for the officer’s or member’s acts or omissions.” This means that each officer or board member has a fiduciary duty to the other members of the COA, that is, the unit owners.

Condominium Associations: Duty Owed by Officers and Directors to Unit Owners Pursuant to Texas Property Code Sec. 82.103, “Each officer or member of the board is liable as a fiduciary of the unit owners for the officer’s or member’s acts or omissions.” This means that each officer or board member has a fiduciary duty to the other members of the COA, that is, the

Two Texas federal judges’ decisions to pause implementation of a recently finalized 401(k) advice rule while insurer groups’ challenges proceed signal difficulties ahead for the Labor Department as it tries to fend off multiple legal threats to the regulation.

401(k) Advice Rule Hits Major Roadblock in District Courts (1) Two Texas federal judges’ decisions to pause implementation of a recently finalized 401(k) advice rule while insurer groups’ challenges proceed signal difficulties ahead for the Labor Department as it tries to fend off multiple legal threats to the regulation.

There are three principal (though not the only) ways an HOA may remedy the fines on a homeowner’s account: (1) file a lien against the property; (2) report the delinquency of an owner to a collection agency; and (3) file suit on the homeowner.

HOA Fines: How Your HOA Can Seek Recourse It is assumed for the purposes of this article that the fines levied by the HOA referenced herein are proper, valid, and do not violate the Texas Property Code or other applicable statutes. This article is in relation to residential subdivision homeowner’s associations governed by Texas Property C...