Business Owner Planning: Money Now or Business Later - Business Law Legal Blogs Posted by Royce S. Lanning - Lawyers.com

Business Owner Planning: Money Now or Business Later

Let’s be honest, not every child is looking to own or run the family business.  Many children would be happier to receive a lump sum of money and be done with it.  Not surprisingly, clients are often looking for advice on how to avoid a family squabble when one child wants to own/run the business and another wants to sell their interest and obtain cash…(Click here to continue reading)

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Royce S. Lanning

Licensed since 2003

Member at firm The Strong Firm P.C.

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Royce S. Lanning

Licensed since 2003

Member at firm The Strong Firm P.C.

RECENT POSTS

  • Probate: 5 Tools For Avoiding Probate in Texas
    Posted on March 21, 2017

    Texas has created a quick and (relatively speaking) inexpensive probate process that can be utilized in the majority of estates arising in Texas. While there is no substitute for the planning and protections that can be achieved with the proper will or trust, there are limited circumstances in which the value of those protections may ... Read more

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    Most commercial landowners are aware that contractors, subcontractors and suppliers that provide work, tools or materials in connection with constructing an improvement have a right to place a lien on the property until they are paid. This type of lien is often referred to as a Mechanic’s Lien…(Click here to continue) ... Read more

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    For many years, people that inherited their parent’s retirement accounts believed those funds would be protected from creditor claims just like their own retirement accounts are protected from creditor claims. However, the U.S. Supreme Court rejected that concept in 2014. In Clark v. Rameker, the Supreme Court ruled that the beneficiary’s inherited IRA was subject ... Read more