How to Pay for Long Term Care, No Insurance or Savings Required
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 … Read more
Choosing a Trustee: Family Trustee, Financial Advisor or Professional Fiduciary?
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 … Read more
Legacy Planning: Leaving Money to Charity in Your Will
At the Hailey-Petty Law Firm, PLLC, we are not only dedicated to our clients, but also to supporting our local Austin and San Antonio communities. One event, in particular, that we sponsor is the Deerpark … Read more
Hailey-Petty Law Firm, New Office in Austin & San Antonio, TX
New office locations will better accommodate the firm’s growing team, and provide more convenient access for clients. Austin & San Antonio, TX (29 August 2022) — The Hailey-Petty Law Firm announced today that the firm … Read more
What to do When a Loved One Dies: 3 Steps to Prepare for Probate
Dealing with the death of a loved one is always a difficult experience. As devastating as the emotional consequences of your loved one’s passing can be, they are compounded by having to deal with so … Read more
Wills & Living Trusts: Don’t Believe Everything You Hear
Making heads or tails of the estate planning process–and the many documents associated with that process–can be confusing, to say the least. To complicate matters even more, there are many frequently perpetuated myths about wills … Read more
The Role of the Estate Executor, Explained
If you have been named estate executor, you most likely have questions about what your responsibilities entail. This is a very important role, and therefore it’s very important you get clear answers to your questions. … Read more
Beneficiary Designations: Know When (and How) to Use Them
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 … Read more
The Kim and Kanye Divorce is Complicated and It’s Only Half Done
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 … Read more
Per Capita vs. Per Stirpes Texas
Per Stirpes Texas Per Stirpes And Not Per Capita In TX Wills are the primary estate planning documents. When you are drafting a Will you may need to include either the per stirpes or the … Read more
Naming Trust As Beneficiary Of IRA
Can A Trust Be A Beneficiary Of An IRA In Texas Trust As IRA Beneficiary In TX It is not a good idea to name a trust as a beneficiary of your IRA because the … Read more
Selling Property In An Irrevocable Trust
Selling A House In An Irrevocable Trust After Death In Texas How To Sell A Property Held In An Irrevocable Trust In TX A trustee can sell property in an irrevocable trust according to the … Read more