Entries by Paul Wright

Estate Planning in Texas

Death and money are two topics that most families would rather not talk about, but it is important for the long-term welfare and well-being of heirs to an estate that an estate plan is put into place. Importance of an Estate Plan Without an estate plan, one’s heirs will be left to wait for years […]

The Wright Firm, LLP Congratulates Brad J. Michelsen

The Wright Firm, LLP congratulates Attorney Brad J. Michelsen for passing the Texas Board Certification Exam in Family Law. There are over 100,000 attorneys licensed to practice in Texas. Only 7,450 have earned the right to be publicly recognized as Board Certified specialists in one of 24 select areas of law. Brad will join the […]

The Texas Small Estate Affidavit

The Texas Small Estate Affidavit is a useful tool to settle estates in Texas. However, its use is often misunderstood and the affidavits are frequently rejected by courts because they fail to comply with the statutory requirements of Texas Estates Code Section 205. Thus, it is advised to always use a licensed Texas Estate Planning […]

Should You Be Making Estimated Tax Payments?

Taxes must be paid on income you earn or receive during the year, either through withholding or estimated tax payments. Note, you may be required to make both federal and state estimated tax payments. The following discussion centers around federal tax law; a separate analysis would have to be conducted for each state in which […]