Tuesday, 21 February 2023

Should You Write Your Own Will and Other DIY Estate Planning Questions

With the influx of websites offering DIY legal services, it might be tempting to save some money and plan your estate by yourself. This, however, is probably not the best course of action. Determining how to distribute the assets you’ve worked a lifetime to accrue—as well as naming a legal guardian for your minor children […]

The post Should You Write Your Own Will and Other DIY Estate Planning Questions first appeared on Hailey-Petty Law Firm, PLLC.

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Wednesday, 15 February 2023

3 Realistic Goals to Help Safeguard Your Future, Starting Now

The New Year is a time for optimism, for making resolutions that will set you on the right foot for the next 12 months. As February rolls around, though, many of these resolutions may have fallen by the wayside. Luckily, it’s never too late to take charge of your life and to secure your future. […]

The post 3 Realistic Goals to Help Safeguard Your Future, Starting Now first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/three-realistic-goals/?utm_source=rss&utm_medium=rss&utm_campaign=three-realistic-goals

Tuesday, 24 January 2023

Estate Planning Considerations in a Community Property State (Like Texas)

Marital interest laws vary by state and can have a significant impact on estate planning for married couples. These laws determine how assets are owned and distributed between spouses. It is important to consider the specific laws of your state when creating an estate plan to ensure that your wishes for distribution of assets are […]

The post Estate Planning Considerations in a Community Property State (Like Texas) first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/estate-planning-community-property-state/?utm_source=rss&utm_medium=rss&utm_campaign=estate-planning-community-property-state

Thursday, 19 January 2023

Unequal Inheritances: What’s Fair Isn’t Always Fair

In most cases, when people divide up their estate, they try to be as fair as possible. Whatever their portfolio of assets looks like, they typically try to parcel it out evenly between their children or heirs. However, in some cases, it may actually be more fair to leave unequal inheritances to your beneficiaries. There […]

The post Unequal Inheritances: What’s Fair Isn’t Always Fair first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/unequal-inheritances/?utm_source=rss&utm_medium=rss&utm_campaign=unequal-inheritances

Tuesday, 27 December 2022

Legal Insurance for Estate Planning: Is It Worth It?

Most of us hope not to need emergency legal services during our lifetime. When we do need urgent legal assistance, not only are we likely to be completely overwhelmed by the circumstances themselves, but also by the legal fees associated with obtaining quality representation. This is where legal insurance can come into play. Many employers […]

The post Legal Insurance for Estate Planning: Is It Worth It? first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/legal-insurance-for-estate-planning/?utm_source=rss&utm_medium=rss&utm_campaign=legal-insurance-for-estate-planning

Sunday, 18 December 2022

The Difference Between a Power of Attorney and a Guardianship

Everyone needs a backup plan to protect them from the possibility that they may lose the ability to manage their own affairs. Life, after all, is full of curve balls. You might suffer an incapacitating injury. Your mental health might take a dive. You could be afflicted with a degenerative disease, like Alzheimer’s or multiple […]

The post The Difference Between a Power of Attorney and a Guardianship first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/difference-between-power-of-attorney-and-guardianship/?utm_source=rss&utm_medium=rss&utm_campaign=difference-between-power-of-attorney-and-guardianship

Wednesday, 23 November 2022

5 Signs That Your Aging Loved Ones May Need More Care

All too often, life circumstances get in the way of family togetherness. We get caught up with work and raising our own children, and—the next thing we know—it’s been months or years since the last time we saw our families or aging loved ones. Fortunately, holidays, birthdays and other important milestones bring families together and […]

The post 5 Signs That Your Aging Loved Ones May Need More Care first appeared on Hailey-Petty Law Firm, PLLC.

source https://haileypettylaw.com/5-signs-that-your-aging-loved-ones-may-need-more-care/?utm_source=rss&utm_medium=rss&utm_campaign=5-signs-that-your-aging-loved-ones-may-need-more-care

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...