Tuesday, 18 January 2022

How to Avoid Uninsured Claims When Placing Assets in a Trust

Trusts have become an increasingly common estate planning vehicle to protect assets from costly probate court proceedings and potential tax consequences. In addition, trusts provide privacy and can be used to place assets beyond the reach of creditors. They are a powerful tool for preserving property and investments for the continued benefit of future generations […]

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Monday, 20 December 2021

Why Even Texans Without Heirs Need an Estate Plan

When most folks think of estate planning, they think of writing their Last Will and Testament in preparation for their passing. In fact, estate planning is about much more than end-of-life preparations. It is about setting coordinates to steer you towards a successful retirement. It is about ensuring a trusted loved one or advisor is […]

The post Why Even Texans Without Heirs Need an Estate Plan first appeared on Hailey-Petty Law Firm, PLLC.

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Protecting Four-Legged Loved Ones: How to Include Your Pets in Your Estate Plan

You know that an estate plan protects your whole family but did you know that this extends all the way to your four-legged loved ones? Many Texans wonder what will happen to their pets if they pass. Who will ensure their continued care and how will costs be covered? A pet trust provides the answers. […]

The post Protecting Four-Legged Loved Ones: How to Include Your Pets in Your Estate Plan first appeared on Hailey-Petty Law Firm, PLLC.

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Why Texas Families Need to Talk About Estate Planning

The holiday season is upon us and with it comes a golden opportunity to initiate a conversation about estate planning with your family. While it is never easy to address a subject that acknowledges mom’s and dad’s mortality, doing so is important as the alternative is far less pleasant. Families that overlook the need to […]

The post Why Texas Families Need to Talk About Estate Planning first appeared on Hailey-Petty Law Firm, PLLC.

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Thursday, 18 November 2021

Texas Estate Planning Mistakes that Will Cost Family When You’re Gone

Every Texan (and probably every non-Texan) has heard that everything is bigger in Texas. The saying apparently originates as a reference to the state’s enormous geography but it could just as well reference Texans’ enormous work ethic. After all, Matthew McConaughey wasn’t wrong when he said that, “In Texas, there is a certain honor of […]

The post Texas Estate Planning Mistakes that Will Cost Family When You’re Gone first appeared on Hailey-Petty Law Firm, PLLC.

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How to Ensure the Continued Well-Being of Aging Loved Ones

Summer is over and the holiday season is in full force. Thanksgiving is just a few days away and Christmas will be here before you know it. As the latest wave of Covid-19 continues to recede, in-person gatherings seem increasingly likely and for many, this brings mixed emotions. On the one hand, getting the whole […]

The post How to Ensure the Continued Well-Being of Aging Loved Ones first appeared on Hailey-Petty Law Firm, PLLC.

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Estate Planning Basics: What Happens When You Die?

While not even the most know-it-all attorney can tell you what happens when you die, an experienced estate planning attorney can at least tell you what happens to your assets. Death will forever remain life’s greatest mystery but this need not mean all aspects must stay in the shadows. An estate plan allows you to […]

The post Estate Planning Basics: What Happens When You Die? first appeared on Hailey-Petty Law Firm, PLLC.

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Estate Planning Updates: It’s Time for a Little Spring Cleaning

Now that tax season is over, it’s time to turn our attention to getting organized and making updates to our estate plans. Estate planning up...