Texas is one of the fastest-growing states in the nation, having topped the population growth list according to 2021 federal census data. If you’re planning to move to Texas soon, or recently have moved to Texas, you probably already have a list of benefits and reasons that attracted you to The Lone Star State. The …
New To Texas? Consider Revising Your Estate Plan Read More »
There are many reasons to use a trust when preparing your estate plan, and there are various types of trusts, each of which has its own advantages and disadvantages, depending on your particular financial and family situation. In this article, presented by Attorney Steven Holman, of the estate planning firm Holman Law LLP, we’ll explore …
How can you ensure that your final wishes are carried out when you die? Is there a way to take care of your family after you pass away? Can you construct an estate plan that will avoid probate? If you become incapacitated and unable to tend to your finances, who will make decisions for you? …
What does Letters Testamentary mean? This term may seem foreign to you, but it’s actually one of the more basic estate planning documents. Let’s take a closer look at Letters Testamentary, why they’re necessary, and how to obtain them in Texas brought to you by Holman Law. Letters Testamentary/Letters of Administration: What Is It? …
Letters Testamentary – What Is It, Who Needs It, and How to Get It In Texas Read More »
At Holman Law, we understand that sometimes things just don’t go according to plan. What if there is no will? What if you need access to funds immediately? We can help you address these issues as soon as possible so you can carry out your responsibilities to the estate to best of your abilities. Get in touch right now to schedule a consultation.
Many people think they should create a trust, but they don’t quite understand how it might benefit them. A revocable trust can both mitigate your tax burden and help beneficiaries avoid long and costly probate processes. Before you start a trust, though, you must ensure it will work for your goals. If you don’t, you may be wasting time and money and create a big mess for your family.
FEMA Is Providing COVID-19 Funeral Assistance. Here’s What You Need To Know. The emergence of Covid-19 in the U.S. sparked an unprecedented public health crisis that caused grief and devastation at a level that is hard to appreciate. As a result of the many deaths caused by Covid-19, FEMA is now offering financial assistance for …
How To Get Federal Funds for COVID-19 Funeral Costs Read More »
The Manchester Living Podcast’s Brian Levy recently hosted Jeff Kort, a Dallas-area financial advisor, and myself, Steve Holman, to discuss the ins and outs of elder law. You can watch the video right here, or look below for 5 important takeaways from our conversation.
The letters tell banks, creditors, and others that you’re the person the Court has placed in charge of the estate. You’ll need to present the letter of testamentary along with the death certificate to show that you have the authority to act on the estate’s behalf.
Should You Set Up a Trust? We tend to think of trusts as vehicles for extreme wealth when, in fact, most families with any assets could benefit from a trust. Trusts are essentially a means of protecting property and assets. They allow you to avoid probate, transfer assets without incurring huge tax burdens, and they …
Legal Trusts and Estate Planning: It’s Not Just For the Rich Read More »