Asset Protection | Hailey-Petty Law Firm, PLLC

5 Signs That Your Aging Loved Ones May Need More Care

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.22.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″] All too often, life circumstances get in the way of family … Read more

Estate Planning for the Sandwich Generation

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 … Read more

A Legacy, Tarnished: Don’t Make the Same Estate Planning Mistakes as Anne Heche

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 … Read more

Talking to Parents About Estate Planning: How to Have “The Talk”

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. … Read more

How to Avoid Uninsured Claims When Placing Assets in a Trust

Trusts have become an increasingly common estate planning vehicle to protect assets from costly probate court proceedings and potential tax consequences. In addition, trusts provide privacy and can be used to place assets beyond the … Read more

How to Ensure the Continued Well-Being of Aging Loved Ones

Summer is over and the holiday season is in full force. Thanksgiving is just a few days away and Christmas will be here before you know it. As the latest wave of Covid-19 continues to … Read more

The Five Most-Common Probate Mistakes Made in Texas

Texas is known for its big skies, generous portion sizes, and straightforward probate process. Anyone who has ever played with a Rubik’s Cube knows that straightforward doesn’t mean simple, however. While the steps required of probating a will in Texas are easy to follow for those who are professionally trained they are not without pitfalls.

The Importance Of Estate Planning In Second Marriages

If you recently got married for the second time and do not have a will or estate plan, you risk the state deciding how to divide your assets on your passing. An estate planning attorney from Hailey-Petty Law Firm, PLLC can help prevent this and avoid other potential legal challenges.

What Is A Durable Power Of Attorney?

Having a durable power of attorney in place can eliminate uncertainty in the event of medical emergencies or incapacitation. Contact our experienced estate planning attorneys at Hailey-Petty Law Firm, PLLC to learn more.

What Does it Mean to Be Named Executor of an Estate in Texas?

Being named executor of a loved one’s estate can be overwhelming. Inevitably, the responsibility arrives at a time already rife with stress and rarely is a person well-prepared for the job. If you are in this position, educating yourself about the scope of the executor’s role is an important first step.

The Importance of Guardianship Designations in Estate Planning

A Designation of Guardianship serves two essential purposes. First, it allows you to designate a person to act as your guardian should you become incapacitated, and second, it allows you to designate a guardian to any minor children or children with special needs in case of your premature death. Each of these purposes presents a lot to think about and so it is worth looking at them separately.

The Many Forms of Texas Probate

In the after math of losing a loved one, nobody relishes the experience of navigating a complex, often trying legal process. This said, not all probate experiences are equal. Depending on the process required for your case, the experience can be relatively painless, especially if you entrust an experienced attorney to guide you through the many steps.