Estate Planning

The COVID-19 Hole in your Living Will – The Safety Net That Wasn’t

COVID-19 has put your Living Will directly to the test, and the results are not pretty. A Living Will, formally known in Texas as a Directive to Physicians, is a document specifying your medical wishes in the event you become critically ill and are unable to communicate them. In it you can direct whether you want artificial measures, such as a ventilator, used to prolong your life. There is a catch,...

Estate Planning Lessons Learned from Coronavirus

To get straight to the point, having an estate plan is one of the most important things you can do for your peace of mind and the benefit of your loved ones. Unfortunately, it is also one of the things that far too many of us dread and put off dealing with until much later in life. But at Hammerle Finley, we firmly believe that it is never too...

Estate Planning for Young Adults – Why You Need It

If you’re in your 20s, just starting a career, living on a meager income and perhaps struggling to pay off your student debt, estate planning is probably the last thing on your mind. All things considered, however, it should not be. You may ask, why is estate planning important, especially for a young person? The answer is that estate planning is not just for the well-to-do and the elderly. It...

What is a Durable Power of Attorney?

When individuals think of estate planning, wills and trusts are usually the first things that come to mind, but it is strongly suggested that you also consider creating a durable power of attorney as well. Life, as we well know, is filled with uncertainties. Completely unforeseen circumstances can place an individual in a situation in which they are unable to make or execute key business, personal, legal or financial...

What To Do When A Loved One Dies: Full Checklist

When a family member or other loved one dies, the natural response is to feel overwhelmed. However there are some very practical and legal matters that need to be attended to “immediately if not sooner”. What Happens To a House When The Owner Dies? Sad as it may seem, when a person dies his property becomes at risk. Sometimes friends and family use this as an opportunity to help themselves to...

Top 6 Legal Documents You Should Have In Place

A lot of people have some extra time on their hands these days. Being stuck in the house means there’s no excuse not to finally get around to some of those projects that you knew you needed to do, but just never could make yourself address.  If you’ve already done all the gardening, cleaning, and closet sorting in your house, maybe now you can take some time to get...

How to Settle an Estate With a Trust

Settling and estate — especially an estate with a trust — can be lengthy, emotional, and complicated. Trusts and wills serve different functions and are handled differently after a person’s death. If an estate has both a will and a trust and you are both the executor of the will and the trustee (the person in charge of the trust), you will have additional responsibilities. The trustee must be...

Use Quarantine Time to Make Sure You Have These Documents

Put your Covid-19 time at home to good use (and make your relatives happy) by pulling together these 5 groups of documents: Identity Documents Birth certificate, social security card, passport, marriage license, driver’s license, other types of licenses, divorce decree, Final Judgment for Name Change, Adoption Decree, Veteran file (DD214, DD215, Report of Separation, Awards and declarations, security clearance), professional ID cards, proof of graduation or GED. Insurance Documents Insurance documents include: life...

Resources for Seniors during COVID-19

Changes Are In the Works With counties, states and the federal government imposing a variety of shelter-in-place orders, many seniors are running into roadblocks with finding help and getting answers. Here are three resources that should be immediately useful, and a listing of a few interesting changes: The Area Agency on Aging This center can be reached at 800-252-9240.  Their job is to plan, advocate, coordinate resources and provide services for seniors...

Will Force Majeure Provisions Excuse Performance in the COVID-19 Environment?

The COVID-19 pandemic is a once in a lifetime event wreaking havoc on the world’s businesses.  Many businesses have felt its impact, and many more will soon feel the pressure as quarantine efforts stifle economic activity.  As a business owner in this environment, the question of whether to continue to meet your contractual obligations may arise.  Delaying contractual obligations or withdrawing from those obligations altogether can expose you to...

The Pandemic of Lawsuits

Breach of Contract Defenses There is a legal epidemic that is keeping pace with the COVID-19 epidemic:  breach of contract. That includes contracts that are contained in a 100- page document, an e-mail chain, a napkin, or just spoken words.  There are a lot of contracts out there that are getting broken because of the extraordinary events of the last several months. If you are the one doing the breaking, then you...

3 Reasons You Need to Hire a Commercial Real Estate Attorney

Commercial real estate transactions — including buying and selling, leases, and construction — can range from simple to complex. You may be able to manage a more straightforward exchange yourself without the need for assistance from a third party. For more complicated transactions, though, it makes more sense to bring in a commercial real estate attorney. What does a commercial real estate lawyer do? A commercial real estate attorney is a...
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