Posts
Blended families—those with children from previous relationships—face some unique challenges when it comes to estate planning. Without a clear plan, Texas intestacy laws (what happens when you die without a Will) may not reflect your intentions. Here are some questions families in Texas might want to consider: 1. Do all children (biological and stepchildren) have…
Read MoreTexas is known for strong homestead protections—and that matters a lot when you’re thinking about estate planning or probate. Here are a few key things to keep in mind: 1. The Homestead Exemption Can Reduce Property TaxesHomeowners may qualify for a homestead exemption that reduces the taxable value of their primary residence, potentially lowering annual…
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While planning for the future, there are a few basic documents that make up the core of estate planning: a Will, a Power of Attorney, a Medical Power of Attorney, and an Advanced Directive. Each of these documents serves a very important purpose and can potentially save hours of work and thousands of dollars.…
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Whenever someone talks about estate planning, there will inevitably be a warning to “avoid probate.” While there are circumstances where probate should be avoided, in most cases, “probate” is actually a simple, straightforward process. What are some circumstances where it is a good idea to avoid probate? The first circumstance is for estates…
Read MoreAs we discussed in part 1 of this series, many people are talking about and exploring starting a side hustle. Extra cash can be great, but there are many legal pitfalls that are often not discussed or considered in the excitement of a new side hustle. Last time we talked about oral contracts. Today, I…
Read MoreIt’s becoming increasingly popular to talk about side hustles. Making extra cash on the side, in addition to your regular job, can be great. However, there are many legal hurdles that your average side hustler may not consider, and are rarely discussed on finance blogs. I’ll discuss a few of those issues here. Today, I…
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