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Houston Manufacturing Related Press Releases

New Consumer Reports Auto Pulse Survey: Struggling Drivers Blame Washington For High Gas Prices
Written by Consumer Reports   

Consumers battle with food and health-care costs while increasing debt;

Drastic shift in car-buying trends reflects desperate need for fuel-cost-saving options.

YONKERS, N.Y., June 26 /PRNewswire-USNewswire/ -- Americans have found someone to blame for the soaring gas prices that have lead to drastic lifestyle changes, financial struggles, and desperate car-buying decisions: Washington.

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Wills
Written by Marc J. Krasney, P.C.   
 
Each week I am asked by clients about issues that their reach beyond their business—from their children buying houses to preparing wills.  This week, I decided to focus again on the will process and share a few questions from clients and my answers.  I think the testate process is interesting and necessary to keep the family peace but also to protect your personal and business assets.
 
Q:  I recently remarried and love my husband; however, before we married we agreed to keep our assets and money earned before marriage separate.  In fact, we agreed not to change our wills so that our money and assets will continue to go to our children.  But, my husband and I live in my home.  After I die, I want my husband to be able to stay in our home (even though I own it).  Can he? 
Answer:   Good question.  Even though you did not leave the house to your husband (and presumably left to your children that do not live there), your husband has a right in Texas to live in that home until he dies.  Only after your husband dies do your children have full rights to the property.  During your husband’s lifetime, however, he is responsible for the maintenance and insurance on the home.  Obviously, it would be to his benefit to be kind to the children and let them know that he is taking good care of his home that he shared with their mother.  Be advised, that your husband’s right to stay in the home does not change even if he remarries. 
 
Q: Can I leave my children and grandchildren out of my will?  I do not want them to inherit anything.  Instead, I want to give my possessions to charity.
 Answer:    Yes.  You can will your property to whoever you choose and can choose not to will anything to your children or grandchildren.  No Texas law exists that requires anyone to leave any property to their children.  However, your children may choose to contest the will and seek legal recourse.  They can do this during the probate process and challenge your capacity at signing or that you signed under undue influence.  They may also challenge the signature or your witnesses.  Clearly, this may be an uphill battle.  Be sure to discuss these issues with your attorney.  One remedy could be that you have a will signing video that memorializes all the proper procedures and reflects your full testamentary capacity to sign the will.
 
Q:   My parents left my brother, sister and I their home.  It is paid in full and I want to sell to realize some cash.  My sister wants to live there and refuses to sell.  My brother wants to sell.  We do not want her to live there but she is attached to the home.  What can we do to force her to sell?
 
Answer:   Answer:  Unfortunately, if your sister refuses to sell her portion of the house, you will need to file a lawsuit to partition the sale.  You have an equal right to your portion of the house and since it cannot be physically divided, the Court will need to order a sale.  Even though that is the procedure, you should speak with your siblings and advise that the sale will not realize the same amount of cash like you would now by selling considering the partition process is expensive.  You may visit with an attorney and see what solution you could work out amicably.
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The Gold is in the Journey
Written by Dennis Tardan   

As I gaze into my rearview mirror and see pro football season quickly receding into the distance, I have a few observations I’d like to share.  My favorite team did not make it to the Super Bowl.  It did make the playoffs, was projected to go far and was summarily beaten by the eventual champion.

What I found interesting was the hue and cry that was associated with falling short of winning the championship.  Several commentators so bemoaned the loss that they claimed the entire season, everyone’s time and effort, was without merit.  Other football wonks said that it would have been better for the team to have had a losing season than to exit the playoffs so ignominiously.

Really?  Have we lost all perspective?  When we measure our successes singularly by their outcomes we put far too much focus upon the results.  We ignore what it took to get us there.  This is truly wasteful because the greatest richness is to be mined along the way toward our goals.

Here is a perfect example.  In 1960, President Kennedy said that the United States would land a man on the moon before the end of the decade.  This was a fantastic dream.  The technology to make this happen didn’t even exist.  It was barely a gleam in our scientists and engineers eyes.

I acknowledge that JFK’s goal was vitally important.  It kept our eyes on the prize.  It was our North Star that kept us working the problem, solving the myriad of day-to-day challenges that led, step-by-step, to the our landing on the lunar surface July 20, 1969.

However, the most significant results of our efforts had impact far beyond that one small step.  Certainly, it was an ego boost for our country and gave us bragging rights to an accomplishment that had been dreamed of since man first looked up into the night sky.  But, what definitive and measurable outcomes did the accomplishment of that goal alone have?  What do you use today that came out of the actual lunar landing experience?

If you look beyond the destination and examine the journey, we see that in order for us reach the goal, everything had to get exponentially smaller, faster and more efficient.  New technology was invented to solve these problems.  Soon thereafter, entrepreneurs lined up to see how they could make use of it all.  That cell phone you could not do without, your blackberry, the arrays of computers and other high-tech devices would not have been created as soon as they were had we not been shooting for the moon.

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