The Allen Firm Knowledge Base
Our blog section that highlights some of our most asked questions.Yes. Yes. Yes. So, what is the question?
The Allen Firm - Friends of the Firm 2022 - Corey Daniel “Yes. Yes. Yes.” This is Corey Daniel’s answer to this question every single time (even with new construction--- YES). So, what is the question?
Don’t get nailed, man!
If you are building or repairing a house, building, or improvement and providing material or labor then you are a “Claimant” – for mechanic’s lien purposes. There are different types of Claimants and processes to follow but everyone must do these things: Notice: send...
Buyers of land are asking this.
The Allen Firm - Friends of the Firm 2022 - Sam Byrd Buyers of land are asking this. w/ Sam Byrd Are you considering selling some land? If so, you must know what the buyers are asking first. Sam Byrd with Clark Real Estate Group answered this question. Have a question...
I was intimidated to buy real estate, then..
Let us clear the fog – here are the simplified steps: Step 1: Contract is negotiated and signed between Seller/Buyer. Step 2: Buyer obtains a loan through a Bank. Step 3: A title company researches the title to the real estate and issues a Title Commitment (this will...
These six (6) types of water damage may or may not be covered by your homeowner’s insurance policy.
The Allen Firm - Friends of the Firm 2022 - Darin Tubbs These six (6) types of water damage may or may not be covered by your homeowner’s insurance policy. Sudden and accidental (like a pipe burst) Water backup (backed up drains) Foundation water (plumbing leak in...
What kind of insurance does a business need?
The Allen Firm - Friends of the Firm 2022 - Ross Conner Meet Ross Conner – Partner of Hotchkiss Insurance in DFW area. In today’s Friends of the Firm video, we asked Ross this: What kind of insurance protection does a business need? If you are a business owner – click...
What is long-term care insurance? Why get it?
The Allen Firm - Friends of the Firm 2022 - Ricky Thurman In this week's’ Friends of the Firm video, we asked Ricky Thurman – Texas Farm Bureau Insurance this question: What is long-term care insurance? Why get it?
Will I run out of money if I retire?
Will I run out of money if I retire? w/ Caleb Allen, CFP Baby Boomers! Listen in today. Caleb Allen with Allen Financial Management joined us for our Teaching Series segment of our Friends of the Firm episodes. We asked Caleb to speak in more detail and longer about...
If you want to start a new company – LLC or S-corp?
The Allen Firm - Friends of the Firm 2022 - Judd Duncan Make it an S-corp at 100k net. w/ Judd Duncan In today’s Friends of the Firm video, we asked Judd Duncan with Snow, Garrett, Williams CPAs to answer the question we are asked every time a client wants to start a...
This is a tough conversation
It is crucial for you and your spouse to have a good Will in place; especially if you have children under the age of 18. Why? Because you must decide who will be the guardians of the kids if something happens to you both. Here is an example of what you need in the...
The difference between a term life and whole life insurance policy.
The Allen Firm - Friends of the Firm 2022 - Jamey Brown In today’s Friends of the Firm video, we asked Jamey Brown – Agent with Texas Farm Bureau – Stephenville to answer a hard question – to explain the difference between a term life and whole life insurance policy....
Ag Lender opens up
The Allen Firm - Friends of the Firm 2022 - Gerrit Schouten Gerrit Schouten–Credit Office President (Stephenville and Cleburne)with Lone Star Ag Credit regularly handles financing for full-time farmers; dairymen; and financing for recreational properties. In today’s...
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