Blog


Jan

11

2023

image for Why You Need A Living Will And Medical Power Of Attorney

Why You Need A Living Will And Medical Power Of Attorney

Posted by: Adair M. Buckner

If you have ever gone through a hospital admissions process, you've likely been asked if you have a living will (also known as a directive to physicians) and a medical power of attorney. Here are the main benefits of both—and why they're worth the investment.

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Jan

3

2023

image for The Average Cost Of A Determination Of Heirship Proceeding In Texas

The Average Cost Of A Determination Of Heirship Proceeding In Texas

Posted by: Adair M. Buckner

In some situations where a loved one passes away without a Will, you may need a determination of heirship in order to pass on their estate. If you find yourself in this situation, make sure you have an experienced attorney to guide you through the steps involved. Otherwise, it is easy to feel overwhelmed by the process.

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Dec

27

2022

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Should I Incorporate My Business?

Posted by: Adair M. Buckner

A corporation is a separate legal entity from its owners. A corporation can be owned by one person or many people. The corporation is formed under the laws of the state in which it is operating, with Articles of Incorporation or Certificate of Formation.

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Dec

20

2022

image for How Do I Avoid Needing a Guardianship For Myself Or A Loved One?

How Do I Avoid Needing a Guardianship For Myself Or A Loved One?

Posted by: Adair M. Buckner

Pre-planning is necessary to avoid needing a guardianship. People live much longer these days, and Dementia and Alzheimers are a common issue families face with loved ones or themselves. Pre-planning to deal with incapacity is very smart.

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Dec

13

2022

image for Use This Slick Trick To Transfer Real Estate Without Probate In Texas

Use This Slick Trick To Transfer Real Estate Without Probate In Texas

Posted by: Adair M. Buckner

Texas law has recognized an estate planning trick that is extremely effective and low cost, called a deed with an enhanced retained life estate or “Lady Bird” deed. This tool can be used for all types of real estate interests.

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Dec

7

2022

image for Holiday Travel: Why Parents Of Young Children Need Wills

Holiday Travel: Why Parents Of Young Children Need Wills

Posted by: Adair M. Buckner

Most young parents don't want to even think about the possibility of death and see no need for estate planning. However, if a tragedy struck and both parents of minor children were killed, the situation left for their loved ones to deal with is extremely complicated, expensive, and emotional.

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Dec

1

2022

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How Much Does It Cost To Set Up A Trust?

Posted by: Adair M. Buckner

A revocable trust is one that can be completely or partially revoked either during the lifetime of the person creating the trust or afterward. An irrevocable trust means just that: it cannot be revoked.

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Nov

16

2022

image for 4 Estate Planning Questions To Ask Your Loved Ones Over The Holidays

4 Estate Planning Questions To Ask Your Loved Ones Over The Holidays

Posted by: Adair M. Buckner

The holidays are a perfect time, while family and friends are gathered together (safely distanced, of course), to discuss whether your loved ones' estate planning and related legal matters are in order. It is an emotional subject to approach, but it is much better to be brave and tackle the subject than to avoid the discussion. Later regrets that plans which should have been made were not, will leave you with an even harder situation to deal with.

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Nov

9

2022

image for Should I Agree To Carry The Note On The Sale Of Property?

Should I Agree To Carry The Note On The Sale Of Property?

Posted by: Adair M. Buckner

Tops 4 considerations: 1. Do you own the property outright? 2. Is carrying the note a smart investment? 3. Is it wise to take on the risk if the buyer can’t qualify for conventional third-party financing? 4. Are you willing to do the necessary legal work to protect yourself if the buyer defaults?

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Oct

25

2022

image for Probate As A Muniment Of Title: What Is It & What Does It Cost?

Probate As A Muniment Of Title: What Is It & What Does It Cost?

Posted by: Adair M. Buckner

There are several different types of probate in Texas where a loved one dies having a Will. The complexity of the proceeding and the cost varies widely depending on which type of probate you can or must use to pass your loved one's estate. The simplest and least expensive type of probate is known as a "muniment of title" proceeding.

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