Latest Blog Posts

Why Naming a Guardian for Your Minor Child(ren) is Extremely Important… Some might say it is the most important decision to make... Parents with minor children need to name someone to raise them (a guardian) in the event both parents should die before the child becomes an adult. While the likelihood of that actually happening is slim, the consequences of not naming a guardian are great. If no guardian is named in the parent’s will, a judge—a stranger who does not know the parents, the child, or their relatives—will decide who will raise the child without knowing whom the parent would have preferred. Anyone can ask to be considered, and the judge will select the person he/she deems most appropriate. On the other hand, if the parent names a guardian (typically via the parent’s will), the judge will usually go along with the parent’s choice....

We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, we also understand that we all want to make sure that our loved ones are protected and receive our hard-earned assets – regardless of whether we have $10 million or $10,000. Don’t let these common roadblocks stop you from protecting yourself and your family: ...

Fun Ways To Convince Your Spouse to Get Started with Estate Planning… It's extremely important that both partners understand why they need an estate plan and what the important elements of that plan are. Here is a fun and friendly guide to some of the common objections by reluctant spouses, and what you can say to let them know that you hear them, but that you have a lot to lose and that it's time to move forward....

The recent rapid increase in numbers of online estate planning document services has attracted many do-it-yourselfers who are lured in by what appears to be a low-cost solution. However, this focus on price over value could mean your wishes will not be carried out and, unfortunately, nobody will know there is a problem until it is too late and you are no longer around to clean up the mess. Probate, trusts and intestate succession (when someone dies without leaving a will) are governed by a network of laws which vary from state to state, as well as federal laws pertaining to inheritance and tax issues. Each jurisdiction has its own requirements, and failure to adhere to all of them could invalidate your estate planning documents. Many online document services offer standardized legal forms for common estate planning tools including wills, trusts or powers of attorney. However, it is impossible to draft a legal document that covers all variations from one state to another, and using a form or procedure not specifically designed to comply with the laws in your jurisdiction could invalidate the entire process....

Blended Families Underscore the Need for Estate Planning Anyone with children or modest assets should seriously consider some minimal estate planning, but the increasing number of blended families underscores the need for proper estate planning....

We are proud to announce that today is our one year anniversary as a firm. We cannot believe that it has already been a year since we opened the doors at Estate Planning Law Office of Jonathon L. Petty, Inc.! This has been such a great year, and we are so excited about how the business has grown. We are passionate about what we do and the ways we can serve our clients. What is more, we are incredibly optimistic for what the future holds....