What are Letters Testamentary or Letters of Administration? Letters Testamentary or Letters of Administration are a badge of authority given to one person who acts on behalf of a deceased person’s estate. “Letters Testamentary” or “Letters of Administration” can only be issued by a court of law. Here in Texas, “Letters” are issued by specialized […]
What are “Letters”? How Do I Get Letters After Someone Dies? Read More »
It’s common knowledge that the probate process can be lengthy and costly, especially if there is no Will. However, many folks view formal estate planning, like making a Will or Trust as a luxury they cannot afford. Enter Beneficiary Designations: The Good Beneficiary designations are the easiest and cheapest solution to minimize, or even avoid
1. What is a homestead? A homestead is a residential structure that you use as a home. It is the primary place where you reside, whether you live by yourself, or with your family. The homestead can contain one or multiple parcels of land. In Texas, a homestead cannot exceed the size of ten acres
Top 10 Questions About Texas Homestead Law Answered Read More »
UPDATE AS OF 12/03/2024 FROM THE FINCEN WEBSITE: On Tuesday, December 3, 2024, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex.), a federal district court in the Eastern District of Texas, Sherman Division, issued an order granting a nationwide preliminary injunction that: (1) enjoins the CTA,
The Corporate Transparency Act is Here: What You Need to Know Read More »
What is your top reason for making an estate plan? If you have questions or would like to schedule a meeting with an attorney at Grace Estate Law about your reasons for estate planning, please contact us to schedule an appointment.
Top 10 Reasons to Make a Will and Trust in Texas Read More »
Texas is 1 of only 9 states in the U.S. that have “community property” laws. If you are asking yourself what community property is, then you are either new here, or newly married! Either way, keep reading to find answers to your most frequently asked questions about community property laws: Q: What is Community Property?
New to Texas? What You Need to Know About Community Property Law Read More »
