by Hailey-Petty Law Firm | Jan 24, 2023 | Estate Planning, Marriage
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...
by Hailey-Petty Law Firm | Jan 19, 2023 | Estate Planning, Wills & Trusts
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...
by Hailey-Petty Law Firm | Dec 27, 2022 | Estate Planning
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...
by Hailey-Petty Law Firm | Dec 18, 2022 | Estate Planning
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...
by Hailey-Petty Law Firm | Nov 23, 2022 | Estate Planning
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,...
by Hailey-Petty Law Firm | Nov 16, 2022 | Estate Planning, Wealth and Estates
The “Sandwich Generation” is a unique group of adults roughly between the ages of 40 and 60 who find themselves caring for both their children and their aging parents. It can be difficult juggling multiple caregiving responsibilities, especially when the people you’re...
by Hailey-Petty Law Firm | Oct 28, 2022 | Estate Planning, Wealth and Estates
Anne Heche was an Emmy award-winning actress—you may know her from such blockbuster hits as Donnie Brasco and I Know What You Did Last Summer. Sadly, Heche died unexpectedly in a car crash in August 2022…but it’s not her death that’s making headlines. Heche’s failure...
by Hailey-Petty Law Firm | Oct 6, 2022 | Elder Law, Estate Planning, Retirement Assets
Talking to parents about estate planning can be difficult. It is, at its core, a conversation about what will happen when they are gone. Uncomfortable, for sure…but a conversation that needs to be had nonetheless. Contrary to popular belief, estate planning doesn’t...
by Hailey-Petty Law Firm | Sep 27, 2022 | Retirement Assets
At this point in your life, you may not think it’s time to consider how you would pay for long term care, should you or your spouse need it. If your parents needed care, you might have gone through the exercise of planning with them…but what about for yourself? It is...
by Hailey-Petty Law Firm | Sep 7, 2022 | Wills & Trusts
Sitting down and discussing estate planning for the first time, you may have determined that a trust is the best estate planning vehicle to meet your needs. You may not have considered, however, who you want to serve as your trustee. Determining who your beneficiaries...
