Purpose of a Mechanic’s Lien

December 26, 2018 3:49 PM Tyler Edmondson

Purpose of a Mechanic’s Lien

A mechanic’s lien exists as a way for contractors to collect money for services, labor, and materials on both personal and real property. Filing a mechanic’s lien is necessary to show property owners you mean business about getting paid for your services, and rightfully so. A mechanic’s lien isn’t just for contractors, other skilled laborers or suppliers can file. Unfortunately, this type of circumstance happen. Imagine you spend months building a new attachment to a home. All of the necessary work is done, but the owner refuses to pay the remaining balance. The obvious thing to do is sue for breach of contract, but you could file a mechanic’s lien on their property. In doing so, the information about the debt becomes public. This can affect their credit, ability to sell or refinance the property; it can even threat foreclosure. A contractor can file a lien before the project begins and remove it once the full payment is made, this is the most effective way to guarantee payment. It doesn’t matter how big or small the job is or if you provided materials, the property owner is obligated to pay in full according to the contract. When filing a lien you don’t get paid right away, but it will make it difficult for the owner to do anything with the property. In the state of Texas, a mechanics lien must be filed by a certain date depending on if you are a prime contractor, subcontractor, or supplier. So, it may be wise to send a monthly notice for each month that you performed work on the property. It takes time to process the paperwork so don’t cut it too close to your monthly deadline. Also, remember that there are special notices for specially made materials (custom made cabinets can’t be used in another home). Keep in mind that leaving a project unfinished won’t force a property owner to pay, but may actually create more legal problems.

Wylie Attorneys Here to Help

You deserve to get paid for your hard work. Laws are put in place to protect you in case property owners refuse to pay you. But if you are new to this or have questions, you will need the expertise of a Texas attorney who knows the law inside an out. The advice from a construction attorney at Edmonson Law, PLLC can keep your construction project moving. Contact Edmondson Law in Wylie by calling 972-442-8326 or visiting www.wylietxlaw.com. We are here to help you or answer any questions you may have.

Information, Not Legal Advice. We provide the information on this website as a public service. The legal landscape is constantly changing and being modified by state law and case law. As a result, we cannot promise that this information is always up-to-date and reflective of the most current jurisprudence.

We do not intend this information to be legal advice. By providing this information, we are not acting as your lawyer. If you need legal advice, you should contact a lawyer through our number (972) 442-8326 or contact another attorney of your choosing.

Estate Planning Checklist

December 18, 2018 4:31 PM Tyler Edmondson

Estate Planning Checklist

Whether you realize it or not, you have an estate. It may not be elaborate, but if you own a car or home, have a savings or checking account, life insurance, or personal possessions you have an estate. It comprises of everything you own, big or small. And like the millions of people earth, you want to leave everything you own to your loved ones after you die. In order to make sure your wishes are carried out you need to make a plan in advance- an estate plan.

In your estate plan, naming those you want to inherit your things can make life easier for your loved ones. Estate planning is not just about drawing up a will, but you can outline what medical treatments you want to receive if you become incapacitated, name a guardian for minor children, even name a person or persons allowed manage digital files.

Start Your Estate Plan

Getting everything in order can be overwhelming, but having a checklist can make the process run smoothly. Here is a quick overview of what you should do to start your the process of reassuring your loved ones a promising future. The first thing to do is make a full inventory of all your assets. This includes jewelry, vehicles, real estate, and other assets. Gather bank statements, make a list of insurance policies you have, mortgages, and so on. Figure out who and what you want to inherit your assets, list a trusted person to care for your minor children (if you have any), and who you want to be responsible for distributing your assets. When you’re ready to get your estate plan drafted, seek the professional help from an estate planning attorney. Bring all important documents, a list of questions, and anything else they ask you to bring to better plan your estate needs. Another important thing to remember is to update your estate plan as needed.

Plan Your Estate Now

Many people think that estate planning is for wealthy people or for those who have retired. And many put off estate planning because they think they don’t own enough. This type of thinking can leave your family to pick up the pieces when you are gone, which can become an expensive nightmare. With the help of a professional estate planning attorney, you can rest easy knowing your family will be taken care of. Contact Edmondson Law, PLLC for guidance and the peace of mind knowing your wishes will be met. Call us at 972-442-8326 or visit us at www.wylietxlaw.com to schedule a free consultation.

Mistakes to Avoid When Starting a Small Business

December 12, 2018 4:45 PM Tyler Edmondson

Mistakes to Avoid When Starting a Small Business

Starting a small business is an exciting venture. There are thousands of successful small businesses, but there are as many more that failed. The possibility of not being successful shouldn’t keep you from following your passion, what will keep you going is playing it smart- work smarter, not harder my friend would always say. Business ownership requires a lot of hard work, but once you work out the kinks and avoid common mistakes, you will have a thriving business to pass on to your family.

Making mistakes is a part of life, but so is learning from them. Same goes with running a business. The good news is there are helpful tools and advisors you can get advice from. Here are a few mistakes some owners make that jeopardize the future of their business.

Not planning for a future when you are no longer in the picture. This doesn’t necessarily mean after you die, but maybe when you leave the company to someone else or retire. Accidents happen, and you will want to be prepared. If you leave without a plan in place, it could be difficult for anyone else to take over, or the wrong person could step in your place. You also don’t want to leave inheritance questions or fights among your family as many owners want to leave the business to their children. Be sure everything is in order, and you have a plan laid out.
Not choosing the right business structure can hurt. There are different options, and some can provide more protection from personal liability than others.
Not having a business plan from the beginning. Having a plan can create a roadmap and help you set and achieve goals for your businesses success. It can lead to profitability and possible investors.

Business Law Attorneys in Wylie

As I said, you will make mistakes; there is no way around it. Some will be minor, and others will require a professional to help you with. The goal is to stay out of court, save money, and keep your business going. The attorneys at Edmondson Law, PLLC can help you avoid these and other common mistakes. They can also answer any questions you have while running your business. To get your business off to a good start, contact the offices of Edmondson Law, PLLC to help prepare you for the unexpected and avoid any legal matters in the future. Contact us at 972-442-8326 or visit us at www.wylietxlaw.com to view the services we provide.

Helpful Co-Parenting Apps

December 4, 2018 3:58 PM Tyler Edmondson

Helpful Co-Parenting Apps

Communication with your ex is essential when children are involved. But having that open dialogue may be difficult especially if you have a grim relationship with your ex. Parenting has its challenges, and you want every tool at your disposal to make things run smoothly. You may not know this, but there is a slew of apps to help you with co-parenting. There is an app for EVERYTHING, so why not one (or 3) to help you and your ex-spouse be better parents together- separately.

This genius technology has made it easier for separated parents to share the responsibility and be on the same page about their children. Babyology listed a few co-parenting apps that will help you and your ex.

SharedCare- This simple app isn’t just great for co-parents but also other carers who are helping or involved in your children’s lives, such as grandparents. SharedCare keeps you in control of every aspect of your kids’ lives, from care arrangements, expenses (including reimbursement requests), sharing news and photos, or just keeping everyone on the same page. Key features include shared calendar, care arrangements, expense recorder, and group news feed.
Parentship- Designed to reduce stress and focus on a shared commitment to raising children in the best way possible, Parentship helps parents better manage emotional distress or ambiguity in order to schedule, communicate and keep track of their activity and custody calendar. Key features include a customized dashboard, reminders, custom calendaring, smart profile, and digital documents.
FamCal- Really handy for all kinds of families – not just those who are co-parenting. A shared calendar, it allows you to share dates, schedules, tasks and notes all in the same place, so everyone is in sync and organized. Key features include a family calendar, lists and tasks, and family notes.

This is a few we listed, visit Babyology for the full list or do some research of your own. There are more apps to read through and choose from; some are free or inexpensive, but well worth the fee. And most of them can be downloaded through either Apple, Android, or both.

Wylie Family Law Attorneys

Our attorneys understand the complexities of family law in the State of Texas. We have years of experience, and you can expect exceptional personal service from our law office. Contact us if you are experiencing a family law matter and schedule a free consultation with one of our attorneys. Please call us at 972-442-8326.

We do not intend this information to be legal advice. By providing this information, we are not acting as your lawyer. If you need legal advice, you should contact a lawyer through our number (972) 442-8326 or contact another attorney of your choosing.