by Hailey-Petty Law Firm | Jul 7, 2022 | Estate Planning
Beneficiary designations are an important part of the estate planning process, even though they are actually dealt with outside of the estate plan itself. A designated beneficiary is a person who inherits an asset—such as the balance of an individual retirement...
by Hailey-Petty Law Firm | May 30, 2022 | Marriage
It’s been more than a year since Kim Kardashian filed for divorce from Ye, formerly known as Kanye West. After almost 8 years of marriage, the TV personality and businesswoman broke things off on February 19, 2021. However, it wasn’t until March 2, 2022, that she...
by Hailey-Petty Law Firm | Jan 18, 2022 | Wealth and Estates, Wills
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...
by Hailey-Petty Law Firm | Dec 20, 2021 | Elder Law, Estate Planning
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...
by Hailey-Petty Law Firm | Dec 20, 2021 | Estate Planning
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...
