If you’ve been told before that “Texas is a community property state” and wondered what that referred to, this post is for you. Texas and 7 other states’ laws about inheritance and property rights derive from Spanish law, while the others derive from English Law (and Louisiana’s is from French law!). That is significant because Spanish law considers property gained …
Carpenter & Croft, PLLC is pleased to announce that J. David Carpenter will assume the additional responsibilities of Vice President and General Counsel of Home Abstract and Title Company. David will continue in the law practice of Carpenter & Croft, PLLC, emphasizing in real estate, commercial law, and probate/estate planning. Carpenter & Croft is pleased to announce this association and …
I do remodeling work for people and sometimes don’t get paid. Is there a way to collect what I am owed? A person who supplies materials or labor on a residential home (and on other properties) does have a method under Texas law for filing a lien against the property for non-payment. The rules differ slightly between residential, commercial and …
Johnny and Betty planned to remodel and add a room onto their house. They were both pretty handy, so they decided to do the work themselves and pay out of their savings. A few months into the project, they realized they needed some help and decided to borrow some money and hire a contractor. So they went down to the …
What’s the Deal with Homesteads? Texas has a complicated system of protections for the family “homestead.” The Texas Constitution protects your home so that creditors can’t take it away and leave your family homeless. But there are exceptions . . . the money you purchase or build a home with normally results in a lien or mortgage. If that mortgage …
Not all property is automatically subject to the terms of your Will. It can be made subject to it, but it is not automatic. We call assets that pass according to your Will “Probate” assets, because they would come under a court’s jurisdiction should your Will ever be offered for probate. On the other hand, property or assets with designated …
Texas is a “community property” state because our inheritance laws are based on Spanish law, as are 7 other states. At least a century before there was equality between spouses, Texas law acknowledged marriage to be a partnership. That means that if you are married, there is a presumption that all of your property, assets, and income is community property and …
We get asked this question often – and it’s a good question! Most people in Texas do need a Will. Anyone who has an investment account (IRA, pension, 401k, stocks, or other accounts) should have a Will. If you have children, a Will is vitally important. If something happens to you, you want your children to be taken care of …
Welcome! In every business, there are frequently asked questions. Our goal with this blog is to provide some general information and answers about topics relevant to you. Note that a general article or blog post is not a substitute for legal advice about your specific issue. These articles are written to help explain some of the legal terms you may …