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A fiduciary duty is the highest standard of care one can owe to another. The fiduciary relationship is one of trust and confidence.

Letters Testamentary are letters issued by a probate court stating that a person has the ability to act on behalf of a deceased person’s estate. The letters are typically issued pursuant to the person’s last will.

Absent extenuating circumstances, the “ordinary” felony punishments are listed below, as set forth in the Texas Penal Code. Felonies are broken down from capital felonies (most severe, to degrees (1st, 2nd, 3rd) and then state jail felonies (least severe).

International contracts typically contain shorthand terms (Incoterms) describing when the risk of loss transfers from a seller to a buyer. The most commonly used Incoterms are listed below:

If you've hindered a secured creditor, you need to look at Sec. 32.33 (d) of the Texas Penal Code for the penalties associated with Hindering a Secured Creditor: (1) Class C misdemeanor if the value of the property destroyed, removed, concealed, encumbered, or otherwise harmed or reduced in value is less than $20;

It's time to address one of the most commonly asked estate planning questions for Texas residents: Do wills have to be filed in order to be valid in Texas?

Texas Penal Code Sec. 49.01. (2) “Intoxicated” means: (A) not having the normal use of mental or physical faculties by reason of the introduction of alcohol, a controlled substance, a drug, a dangerous drug, a combination of two or more of those substances, or any other substance into the body;

A life estate is the right to occupy or use a specified parcel of land for the period of a person’s life. There are a number of ways to set up a life estate.

A common law marriage in Texas, if proven, carries the same validity as a ceremonial marriage. Accordingly, if there is a proven common law marriage, then the Texas rules regarding life insurance beneficiaries would apply.

If you want to abandon your property and walk away from the loan, you have a few different options: 1. You can do nothing.