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Jan 25, 2023

Yours, Mine and Ours: Estate Strategies for Second Marriages

If you are one of the many Americans who are in a second marriage, you may need to revisit your estate strategy.¹ Unlike a typical first marriage, second marriages often require special consideration that should address children from a prior marriage and the disposition of assets accumulated prior to the second marriage. Second Marriages Here are some…

Jan 18, 2023

Personal vs. Business Goodwill: Why It Matters

You can’t touch goodwill, but it’s one of the most valuable assets for many businesses. Commonly associated with professional service firms, goodwill can also exist among manufacturers, retailers, contractors and other types of businesses. Valuing intangible assets, including goodwill, requires the use of a business valuation professional to get it done right. Getting a Handle…

Jan 11, 2023

How Noncompete Covenants Relate to Personal Goodwill

A covenant not to compete on the part of the seller is similar to title insurance to the buyer of the business. It prevents the seller from competing in the same industry for a specified time period and within a specified geographic range.Important: Laws regarding noncompete agreements vary from state to state. For example, courts in California generally…

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Recent Posts

  • Yours, Mine and Ours: Estate Strategies for Second Marriages
  • Personal vs. Business Goodwill: Why It Matters
  • How Noncompete Covenants Relate to Personal Goodwill
  • Important Tax Figures for 2023
  • When Heirs Are Imperfect

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Davis/Chambers & Co., Ltd.
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Call: (713) 552-1333
Fax: (713) 960-8649
Email: dunbar@davischambers.com
5701 Woodway,
Suite 200
Houston, Texas 77057
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