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Author Archives: James Blake
When Business Owners Die Without a Last Will and Testament
No one likes to think about their own death, and sitting down with an attorney to draft a last will and testament is often a difficult mental challenge for people to face. While it’s important for any person to draft … Continue reading
Posted in Estate Planning, Wills & Trusts, Exit Strategy & Business Succession Planning
Tagged Asset Protection, Austin Estate Planning Attorney, Business Lawyer Austin, Business Succession Planning, Business Tax Strategy, Estate Taxes, Exit Strategy, Texas Estate Planning
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Disclaimed Warranties & Representations: Promissory Fraud & the Right to Lie
What your mom taught you about telling the truth is still good advice. While it may seem to go without saying, at least one judge has reaffirmed your mother’s rule: “it’s not okay to lie,” even if your contract says … Continue reading
Posted in Commercial Litigation
Tagged BD, BL, Breach of Warranty, Commercial Litigation, Disclaimer, Fraud, Selling a Business, Texas Business Attorney, Texas Business Lawyer
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Tax-Advantaged Exit Strategies: Employee Stock Ownership Plans
Employee Stock Ownership Plans (ESOPs) can be a fantastic tax-advantaged tool for selling your business or for transferring a family company to younger generations while avoiding gift and inheritance taxes. ESOPs are a kind of tax-qualified retirement savings plan whereby … Continue reading
Posted in Selling a Business
Tagged Asset Protection, Austin Business Attorney, BL, Business Finance, Business Lawyer Austin, Business Tax Strategy, Corporate Stock, Employee Stock Ownership Plans, Employment Law, ESOP, Exit Strategy
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5 Ways to Prevent Excessive Costs in Your Construction Project
Large construction projects come loaded with latent risks that could lead to project failure or excessive cost due to the interdependent relationships of material suppliers, sub-contractors, general contractors, architects, and engineers. Some of these risks may be mitigated through no-cost … Continue reading
Posted in Construction Law, Insurance
Tagged Austin Real Estate Lawyer, BL, bonds, Business Lawyer Austin, Construction Contracts, Construction lawyer, Construction Negotiation, insurance law, REC, Surety Bonds
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Letters of Credit vs Documentary Collection in International Business Transactions
What’s the best way to ensure the quality of products and timely payment for business transactions across international borders? Letters of credit are an established mechanism for ensuring that sellers will receive payment for goods that have been properly shipped, … Continue reading
Posted in International Business
Tagged Austin Business Attorney, BL, Business Finance, Business Lawyer Austin, Business Strategy, Contract Negotiation, Documentary Collection, Export, IB, International Business, International Law, International Trade, Letter of Credit, Trade Finance
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