by Hailey-Petty Law Firm | Dec 12, 2023 | Estate Planning
Navigating the nuances of inheritance and marital property can be a complex aspect of financial and estate planning. Generally, inheritance is considered separate property. However, there are instances where it can transform into marital property, subject to division...
by Hailey-Petty Law Firm | Nov 14, 2023 | Estate Planning
When it comes to securing your child’s financial future, setting up a trust can be one of the most prudent decisions you make. In the state of Texas, trusts offer a flexible and effective way to manage and protect assets for the benefit of your children. This...
by Hailey-Petty Law Firm | Sep 18, 2023 | Estate Planning, Wealth and Estates, Wills & Trusts
Aretha Franklin, the Queen of Soul, captivated audiences with her powerful voice and left an indelible mark on the music industry. However, even the legendary Aretha Franklin wasn’t immune to the perils of poor estate planning. When she passed in 2018, she left...
by Hailey-Petty Law Firm | Sep 14, 2023 | Estate Planning, Wills & Trusts
Estate planning can seem like a daunting task, conjuring images of complex legal documents and overwhelming decisions. However, with a step-by-step approach and guidance from experienced professionals, estate planning can be a manageable and empowering process. Below,...
by Hailey-Petty Law Firm | Jul 5, 2023 | Estate Planning
It’s estimated that about 40% of families in the U.S. are blended. But while remarriages blend together separate families in a beautiful way, they also blend together unique challenges and considerations when it comes to estate planning. To highlight the importance...
by Hailey-Petty Law Firm | Jun 11, 2023 | Estate Planning, Wills, Wills & Trusts
When it comes to estate planning, many individuals often question whether they need a trust, or if a will is sufficient for their situation. While it’s important to clarify that a trust is typically used in addition to a will not instead of a will, understanding...