Buying or selling real estate does not need to be intimidating. Here are the simplified steps: Contract is negotiated and signed. Buyer obtains a loan. A title company researches the title to the real estate and issues a Title Commitment (this will lead to an...
Situation 1: – SDPOA I am selling my house. The closing is next week. The Problem – I will be out of town next week for work. The Solution – a Statutory Durable Power of Attorney allows me to designate a person as my agent to sign the closing papers on my...
You have purchased some rent houses and put them into a newly formed LLC. Good move. You obtained a commercial general liability insurance policy for the LLC. Good move. Something bad happens at one of the properties. The injured party sues the LLC and sues you, as...
John owns 100 acres of land with a nice river flowing over it. He wants to take and use all the water from the river but must be careful. He may not have the right to do that. Here is a basic breakdown of law concerning water in Texas: 1) Groundwater is water under...
Two men are standing in front of you. “Nice Guy” looks kind. Generous. Is smiling. He wants to help. “Bad Guy” looks mean. He is angry and looks like he wants to hurt someone. Actual Cash Value “ACV” insurance policies can be like the Bad Guy. Replacement insurance...
One of the main reasons to get a good Will signed is to have guardians of your minor children appointed. This is accomplished by including Will language like this: Guardian Provisions If my Spouse fails to survive me, or if he/she dies after my death without having...
