Last Week, the House Ways and Means Committee proposed a draft bill which included major changes to our estate tax limits and our existing estate planning strategies.  Below is a breakdown of all major changes. Keep in mind all proposed changes are subject to change, as this bill has only just been proposed by the House and has not gone through any Senate review.

Who is entitled to lien? Under the Texas Property Code, the class of persons who fall under the definition of “Mechanics and Materialmen” is broader than the phrase may suggest. Mechanics and materialmen include any person who has provided labor, services, or materials for the improvement of real property (e.g. general contractors, subcontractors, sub- subcontractors, and suppliers).

Everyone recognizes the infamous “you’ve been served” phrase from the movies, where a random individual hands a person—the defendant—a sealed envelope and proceeds to run away before the defendant gets angry. But what many people do not realize is that, in today’s age, service may take on many new forms.

The Corner Office is a podcast series for leaders. Each episode features a guest speaker who talks about valuable leadership skills and principles.

This year has been a year to forget for many, but the Food and Drug Administration (“FDA”) has brought us a gift just in time for the holidays. On December 11, 2020, the FDA authorized the emergency use of Pfizer-BioNTech COVID‑19 Vaccine. Shipments are expected to begin immediately, and the Centers for Disease Control (“CDC”) has recommended health care workers and long-term care facility residents receive the first doses. It is expected that by the end of 2020, there will be enough vaccines available to inoculate 20 million people.

Imagine the scenario: It is late on Christmas Eve. Mr. and Mrs. Grinch have hung the stockings by the chimney with care, milk and cookies have been carefully placed by the lighted tree, and the Grinch children all nestled and snug in their beds.