Corporate Transparency Act Compliance
COMPLYING WITH THE CORPORATE TRANSPARENCY ACT Starting on January 1, 2024, most private business entities will be required to report certain information about owners and executives/high level managers to the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the United States Department of Treasury. This article is meant to provide an overview of the Corporate […]
Navigating Agriculture Law with CD&M
Navigating Agriculture Law with CD&M Lawyers at CD&M know and understand agriculture. Our lawyers help those in agriculture draft and resolve contracts, resolve litigation matters, and face regulatory compliance issues. Our agriculture client base is as diverse as agriculture itself – from farmers and ranchers to agricultural product processors, implement dealers, food companies, cotton gins, […]
What to Expect from Probate In Texas
What to Expect from Probate In Texas? When a loved one dies, there are many things for families and friends to consider with regard to a decedent’s property. Probate is generally necessary to transfer a decedent’s assets to specific people, sometimes referred to as devisees, beneficiaries, or heirs. Who inherits the decedent’s property is determined […]
Navigating Family Law in Texas
Navigating Family Law in Texas: Understanding Your Rights and Responsibilities Family law plays a crucial role in governing the legal relationships and matters within families. In Texas, like in many other states, family law encompasses various aspects such as marriage, divorce, child custody, child support, and adoption. Understanding the nuances of family law is essential […]
Should Your Ranch Be Incorporated?
AGRICULTURAL LAW CORNER One of the questions that comes across my desk from time to time from farm and ranch clients is whether the farm and ranch operation needs to be placed in a formal legal entity, such as a corporation, limited liability company, or limited partnership. Because of the unique nature of farm and […]
Lien Protections for Ag Chemical and Seed Providers
An unfortunate consequence of a lagging agricultural economy is that many agricultural seed and chemical providers are left with outstanding customer accounts. One of the questions that comes across my desk from these suppliers is “What can I do to protect my interests (and get paid)?” Texas Agriculture Code Chapter 128 provides a unique lien […]
In Brief: Real Estate Broker
ISSUE Can a real estate broker receive a commission for property sold when the real estate commission agreement does not adequately describe the land being sold? READ THIS!! CASE Burton Creek Development, Ltd. v. Cottrell, Seventh District Court of Appeals (Amarillo), decided December 14, 2016. FACTS Burton Creek (hereafter “landowner”) owned four tracts of land. […]
In Brief: Irrevocable Trust
IRREVOCABLE TRUST/SPOUSAL SUPPORT OBLIGATION Do statutes of limitation for filing claims against an Estate for unpaid spousal support prevent a creditor (ex-wife) of the decedent from bringing a lawsuit against the trustee of an irrevocable trust on grounds of fraudulent conveyance and tortious interference with a contract? CASE Montgomery v. Montgomery, individually and as trustee […]