Below you'll find a list of all posts that have been tagged as “Homestead”
Most people are interested in protecting their wealth for the sake of their loved ones after they are gone. When a loved one dies, even in the best of circumstances, the events can be overwhelming to process. We all could use a reprieve from the added stresses that can tag along, like the sticker shock from funeral expenses and the …
Texas has very complicated homestead laws intended to protect individuals against “accidental” homelessness. There are very few ways a lien can be placed on a homestead, and each way is spelled out in the Texas Constitution. If you are a banker, homeowner, or work at a title company, you may have heard of the twin issues of “overburdening” the homestead …
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 …