People putting together or modifying an estate plan have to address a variety of different concerns. Some of the more pressing issues include obligations that could diminish the value of their estates. Most adults want as much of their property as possible to pass to...
Grapevine Law Blog
What should you know about power of attorney designations?
There are many considerations that must be taken into account when you’re setting up an estate plan. While many of these challenges concern what will happen after you pass away, there are also some that come into the picture if you become incapacitated due to illness,...
Estate planning — how to leave your house
You might live in a home that’s been in your family for many generations. Maybe one of your ancestors built it, and you plan on giving it to one of your own children or grandchildren as an inheritance. On the other hand, you might live in a house recently built but...
Avoiding probate: why and how?
Imagine you're playing a big game of dodgeball but instead of dodging balls, you are trying to avoid a trip to probate court. In fact, let's say you are trying to avoid an entire process called probate, which takes place at a special court. What is probate? First,...
An advance directive is a helpful estate planning tool
Everyone hopes they will enjoy good health as they age. However, many people in Texas and beyond encounter medical issues like chronic illness or neurodegenerative diseases like dementia in their golden years. If this happens to you, but you haven’t initiated the...
Things to know regarding Revocable Transfer on Death Deed
When a Texas estate owner wants to give a property inheritance without it having to pass through probate, there are several types of planning tools that can help accomplish the goal. Most people automatically think of a last will and testament as the means to pass...
How to avoid business disputes regarding vendor contracts
Payment delays, non-payment and other types of issues can trigger legal problems for Texas business owners and their vendors. This is an area where the old saying “an ounce of prevention is worth a pound of cure” is especially relevant. There are several things you...
The pros and cons of a C corp business structure
In the early phases of development of a Texas business, you’ll make many decisions, such as what to call your company, what products or services you’ll provide and how many employees (if any) you will hire. You’ll also want to determine which business structure best...
Articles of incorporation are a business formation must
Texas is a big state, so there’s always room for new business. If you’re like many people who are looking ahead to a new year and making plans to change careers or to find ways to generate additional income, you might be dreaming of launching your own corporation....
Navigating estate administration when a loved one dies
If your spouse or parent has died, you may end up with many tasks and duties. In a time of grief, it can be difficult to think straight, so it’s perfectly acceptable to take some time to come to terms with the loss and process your emotions. As you begin the process...