by Pamela Hailey-Petty | Jan 23, 2018 | Estate Planning
Did you make a New Year’s resolution this year? If so, have you kept it so far? Really? According to the Huffington Post, only 8% of folks actually keep their New Year’s resolutions, so if you’ve already slipped, you’re not alone. There are several reasons why people...
by Pamela Hailey-Petty | Jul 24, 2017 | Uncategorized
Although it’s not really an enjoyable task after the death of a loved one, probate administration can be quite easy in Texas with a will that’s drafted by an experienced estate planning attorney. Probate Administration Probate administration is the procedure in which...
by Pamela Hailey-Petty | Jun 26, 2017 | Business, Wealth and Estates
Here’s a great Idea for Texas real estate investors: consider the use of a newer type of LLC, called the Series LLC. Instead of using a traditional Texas LLC for real estate investing—which is subject to the Texas franchise tax—the Series LLC allows an investor to...
by Pamela Hailey-Petty | Apr 11, 2017 | Estate Planning
In Texas estate planning, we have what’s called a “Lady Bird Deed” (also called an “enhanced life estate deed”). It’s a way to transfer property to another individual outside of probate while retaining a life estate. This strategy for estate planning...
by Pamela Hailey-Petty | Mar 21, 2017 | Estate Planning
Estate planning is a curious thing. It’s sort of like a dreaded household chore… think of taking out the garbage. You may put off taking out the garbage until the bin is full, then see if you can squeeze a little more in so that you can wait a little longer. When you...
