Entries by Patrick Wright

How is a Closely-Held Business Valued in a Texas Divorce?

If you or your spouse own a closely-held business, there is a strong chance that the business will play a central role in your divorce. Like all assets that are acquired or that appreciate in value during a marriage, the ownership interests in a closely-held business can qualify as “community property,” and this means that […]

New Registration Requirements for Texas Guardians After June 1, 2018

Texas Senate Bill 1096, passed during the 85th Legislature, Regular Session, affects the appointment of Texas Guardians. If you are applying for Texas Guardianship you should be aware of the following registration requirements. These requirements should be met at least ten days before your scheduled hearing on the Application for Guardianship. These requirements as set forth […]

No Frills Divorce Program Plan

Get to Know Us The Wright Firm, LLP offers access to justice through fixed-fee legal service options for Texas divorce cases with our No Frills Divorce Program. The Wright Firm, LLP is a full-service law firm with offices in Dallas, Denton, Frisco and Lewisville, Texas. However, divorce, child custody, and family law have always been a […]

What to Do if You are in an 18-Wheeler Accident

The car comes to a sudden halt. The passenger compartment fills with smoke and senses suddenly come back online. Is everyone OK? What’s Next? An accident often involves loss of time, time off from work, dealing with an insurance company, loss of a favorite vehicle, the headache of a rental car and unfortunately at times […]

Probate and Non-Probate Assets

Not all assets are subject to probate in Texas. Simply stated there are probate assets and non-probate assets. The Probate Asset The Probate Asset is an asset that is governed by the terms of a Will. This type of asset will pass through probate. It may also be subject to creditor claims and expenses of […]