Polk County Enterprise (Livingston, Tex.), Vol. 111, No. 97, Ed. 1 Sunday, December 5, 1993 Page: 3 of 40
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i
THE POLK COUNTY ENTERPRISE, SUNDAY DECEMBER 5, 1993 - PAGE 3A
About workers1 compensation
'Inside story1 to be told
f
NEW FLUOROSCOPE -- This new fluoro-
scope at Polk County Memorial Hospital is
used for upper GIs to test the stomach and
I J '
ENTERPRISE PHOTO RV DAN EAKIN
intestines. The new fluoroscope can also be
used to do X-rays if the radiology depart-
ment gets overloaded.
LUFKIN *• Over 120,000
employer* operate outside of the
workers’ compensation system in
Texas, with around 1,000 more
leaving the system each month.
Employers who have opted out of
the system, but are responsible in
providing benefits for their
employees, are represented by the
Texas Association of Responsible
Nonsubscribers (TXANS).
TXANS is a nonprofit associa-
tion of employers that aggressively
Cardiac clinics
sat at hospital <
from page 1
Later in December and in
January, cardiac clinics are planned
at the hospital. Dr. Ira Licber of
Houston will be. on hand to offer
cardiac consultations and stress
testings to those who have been
referred by their physicians. The
clinics are planned for Dec. 8 and
Dec. 22, and Jan. 9 and Jan. 23.
protects the rights of Texans to
responsibly nonsubscribc to
workers’ compensation. Right now,
attempts arc underway to mandate
workers’ comp in Texas and force
employers into the system. In the
upcoming legislative session, the
freedom of Texas nonsubscribers
will be seriously threatened with
legislation that will eliminate Texas
employers’ right to nonsubscribc.
On Dec. 14, TXANS Executive
Director Steven Bent will speak in
the Lufkin area to tell the "inside
story" of how political interest in
Austin arc working to mandate
workers’ comp - at the expense of
businesses across the state. The
meeting is sponsored by the An-
gelina College Small Business
Development Center and will by
held on the Angelina College cam-
pus in the Liberal Arts Building,
Room 207, from 10 a.m. to 11:30
a.m.
For more information, please
contact TXANS at (512) 477-7357
or for registration contact the An-
gelina College SBDC at (409) 639-
1887.
Storage shed burglarized; van taken
from page 1
go-cart, lawnmowers and tools
were among the items reported
missing.
•The burglary of a storage build-
ing on Loop 117 in Moscow,
reported Nov. 29 and investigated
by Lott. Two Weedeaters and two
chainsaws were reported missing.
•The burglary of a residence in
Lake Livingston Village, reported
(P
A
Financial Focus
Understanding
Trusts
iflgi By T. H. STOTTS
Most of us hope to provide some which is your total assets minus liabili-
type of inheritance for our children or
other family members. One way to help
manage your assets while you are alive
and ensure they will be distributed ac-
cording to your w ishes is by placing them
in a trust.
A trust is a form of legal ownership
in which an individual (the trustee) holds
title to one person’s property (the donor)
for the benefit of another person (the
beneficiary). The trustee can be anyone
you deem appropriate — yourself, your
spouse, a close friend, a trust anomey or
a corporate trustee, for example.
The trustee is responsible for pru-
dently investing assets placed in the trust,
which can include checking and savings
accounts, money-market funds, certifi-
cates of deposit, stocks, bonds, life insur-
ance and even private businesses.
The trust provisions usually specify
limitations on how assets may be used
while in the trust. For example, the pro-
visions might state that assets can be
bought, sold, borrowed against or trans-
ferred. Trusts also stipulate how the
proceeds of the estate will be used.
Unlike a will, a trust allows the
beneficiaries of your estate to avoid the
expense, delay and publicity of probate.
Probate — the formal, court-supervised
distribution of assets to heirs—can tie up
estate fbr six months or more.
Trusts also can be valuable in the
event you become incapacitated, to en-
sure that your finances are managed ac-
cording to your wishes.
To determine if a trust is right for
you, a complete financial review should
ye performed to identify your net worth
ties. Assets include real estate, securities,
bank accounts, retirement funds, insur-
ance and any other property of value.
Liabilities include debts and other obli-
gations.
If your net worth is more than
$600,000, a trust may be for you. In some
states, or by provisions of a will, this
amount may apply to each spouse, mean-
ing couples with combined net worth of
$1.2 million or more may want to con-
sider a trust.
If that sounds like a lot, remember
your net worth includes the full market
value of all your assets, including any
investments, the value of your home,
insurance policy payouts and retirement
or pension plans. You may have a greater
net worth than you think.
As with any estate-planning tool, a
trust should be entered into with thor-
ough understanding and professional
counsel. Some trusts are irrevocable —
you relinquish all rights to revoke or
reclaim assets within the trust. It is vital
to have an attorney explain the legal and
tax implications of a trust. In addition,
tax laws frequently change, and attorneys
who specialize in estate law can help you
stay abreast of such changes. If you
intend to move to another state after re-
tirement, .your attorney alto chr.ul/l h»
familiar with that state’s probate, income,
gift and estate tax laws.
Most people who have accumulated
large estates have worked hard to do so.
A trust is one of several tools they can use
to manage their wealth during their life-
time and after their death.
Nov. 21 and investigated by'
Deputy Reggie Davis. A sewing
machine, television set, toolbox
with tools, microwave oven, port-
able scanner, answering machine
and jewelry were among the items
reported missing.
•The theft of a gray and blue
1987 Nissan van from a residence
in Stowaway Bay, reported Nov. 20
and investigated by Deputy Curley
Robinson. Cash, credit cars and a
.38-caliber pistol were also taken.
•The burglary of a residence in
Holiday Lakes, reported Nov. 19
and investigated by Deputy Dar-
won Evans. A television set was
reported missing.
•The burglary of a residence in
Shiloh Ridge, reported Nov. 20 and
investigated by Deputy Brent Hen-
ry. Jewelry was thrown onto a bed,
but a VCR was the only item
reported missing.
•The burglary of a pickup truck
in the front yard of a residence in
Segno, reported Nov. 22 and inves-
tigated by Detective Ll P.J. Kuehn
Jr. A .375-caliber rifle and a 7-mm
Magnum rifle were reported miss-
ing.
•The burglary of a residence on
Bering Road, reported Nov. 26 and
investigated by Deputy Brandan
Lovell. Linens, a screwdriver set,
silverware, steak knives, portable
telephone, and a satellite dish con-
trol box and descrambler were
reported missing.
•The burglary of a residence in
Shelter Cove, reported Nov. 26 and
investigated by Deputy Jeff
McCoy. A portable stereo and a
deer skin were among the items
reported missing.
•The burglary of a residence in
Lake Livingston Village, reported
Dec. 1 and investigated by Henry.
A stove, television set, refrigerator,
microwave oven and AM/FM radio
were reported missing.
•The felony theft of timber from
RANDY'S
TEXACO
Susan fit Randy Sparling
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NEW & USED TIRES
SPIN BALANCED
BATTERIES ^BRAKES
TUNEUPS
MECHANIC AVAILABLE
QENERAL REPAIRS
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property in Yaupon Cove, reported
Nov. 24 and investigated by
Deputy Mary J, Cain.
•Two thefts of newspaper
machines from HAH convenience
store in Moscow, both reported
Nov. 22 and investigated by
Deputies Joe Clifton and Robinson.
•The burglary of a residence in
Indian Springs, reported Dec. 1 and
investigated by Deputy Joe Clifton
Jr. Christmas presents were open
and two screwdrivers were reported
missing.
•The theft of an Interstate battery
from a tractor in a shed in Seven
Oaks, reported Nov. 28 and inves-
tigated by Lovell.
•The theft of eight pigs from a
residence near Corrigan, reported
Dec. 1 and investigated by Evans.
•The theft of gasoline from the
HAH store in Moscow, reported
Nov. 21 and investigated by Lovell.
•The theft of lawnmower from a
residence in Goodrich, reported
Nov. 19 and investigated by Cain.
M
For their help with those in
need of food and toys,
First State Bank of Livingston
is proud to announce that the
Community Action
of Polk County
has been chosen for this month's
HOMETOWN SPIRIT AWARD.
[IRST
[TATE
'ANKi
First State Bank
of LIVINGSTON
P.O. Box 1277
Livingston, Texas 77351-1277
Member FD1C
"I’M
ANNOUNCING
MY CANDIDACY
FOR THE OFFICE OF
POLK COUNTY
DISTRICT ATTORNEY"
ON S. Holleman
QUALIFICATION^
Assistant City Attorney, City of Houston, 1972
Assistant District Attorney, Harris County, 1973-1986
Private Practice in Polk County, 1986 to present.
TRIAL EXPERIENCE
Worked 12 years as Assistant District Attorney, Harris County, in the
Trial Division. Advanced from a beginning position to the No. 4 position
in the lYial Division among 180 prosecutors. Tried cases varying from
misdemeanors to capital murders.
ADMINISTRATIVE EXPEL IENCE
Served as Chief Prosecutor in various County Courts and District
Courts. Served 4 years as Felony Division Chief, supervising prosecu-
tors, investigators and secretaries assigned to 6 Felony District Courts.
EDUCATION
Livingston High School, 19o5
Baylor University, BBA, 1969
Baylor University School of Law, JD, 1972
PROFESSIONAL
State Bar of Texas
Polk County Bar Association
Formerly served on Grievance Committee,
Harris County Bar Association
PERSONAL
Born: Livingston, Texas
Family: Wife - Beverly, Sons - Spencer and Mark
Parents - Carlin Holleman and the late J. S. Holleman
Member of Central Baptist Church
Sunday School teacher, 3rd grade
Involved in youth sports programs
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White, Barbara. Polk County Enterprise (Livingston, Tex.), Vol. 111, No. 97, Ed. 1 Sunday, December 5, 1993, newspaper, December 5, 1993; Livingston, Texas. (https://texashistory.unt.edu/ark:/67531/metapth798329/m1/3/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Livingston Municipal Library.