by Pamela Hailey-Petty | Dec 9, 2019 | Estate Planning
DIY legal websites, like Legal Zoom and Rocket Lawyer, are attractive to consumers for two major reasons: they’re low-priced and convenient. These perceptions, although perhaps true in the near-term, often come at a serious cost to customers later on. As a quick...
by Pamela Hailey-Petty | Jan 3, 2019 | Estate Planning, Wills
2019 is officially upon us. If you’re like most people, the beginning of a new year is a time to contemplate what changes might make your life more simple, manageable, or easy to enjoy. For many, these changes include traditional goals, such as improving diet or...
by Pamela Hailey-Petty | Dec 20, 2018 | Estate Planning
With the holiday season approaching quickly, your mind is likely becoming more and more occupied by the pesky thought “What gifts should I buy for my loved ones?” Indeed, this question is never easy to answer. But, here’s a unique gift idea that you may have never...
by Pamela Hailey-Petty | Dec 12, 2018 | Retirement Assets, Wills
What Is a Medical Power of Attorney? A Medical Power of Attorney is a legal document that transfers your authority to make medical decisions to another person in the event of your incapacitation. A Directive to Physicians can be used to bind medical professionals and...
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...
by Pamela Hailey-Petty | Sep 20, 2016 | Estate Planning
It’s smart to have a life insurance policy to help your family in the event that you pass away suddenly. It can help keep your family in your home and pay for college tuition. One aspect of life insurance that folks don’t think about is the fact that the proceeds from...
