Protecting Our Clients And Their Legacy Since 1991
Planning When Divorced
Serving Individuals throughout Richmond, Texas and the Surrounding Areas
Whether due to divorce or death, you are now Single Again.
You may have children and even grandchildren. In any event, you need to create (or revisit) your estate plan.
Did you know the law requires every adult American to make his or her own personal, financial and health care decisions? Now that you are single again, who would make your basic decisions if you are legally incapacitated due to a serious injury or illness?
Unless you legally appoint the decision-maker of your own selection in advance through proper estate planning, then a probate judge will select one for you. The probate court process to accomplish this is expensive (it employs at least three attorneys), discloses your private personal and financial information to the public record and is a real hassle for your loved ones.
Did you know that in the absence of proper estate planning, your assets may be distributed after death based on “one-size-fits-all” state laws written for people who do not have their own estate plan? Of course, this impersonal estate plan written by state lawmakers may not reflect your own unique circumstances and objectives for your loved ones and assets.
What if you remarry? Well, if you want to risk losing about half of what you have should the remarriage not work out and disinheriting your own children and grandchildren, then do nothing. On the other hand, it is best to go into a new relationship with both eyes open.
In short, you need to have a legally enforceable premarital agreement inked before you say “I do” on your wedding day.
In a recent University of California study, researchers found that 60% of widowers are involved in a new relationship within two years after losing their wives, while only 20% of widows have a new relationship.
According to the U.S. Census Bureau, men are 10 times more likely to remarry after age 65. And the average time before they are remarried is just 2.5 years. When dad remarries a new wife some 20 years his junior, that can trigger all kinds of drama in the family, to say the least.
As you can see, planning for being single again includes planning for any new relationships on the future, while preserving (and protecting) the relationships you already have.
Fortunately, we can help you avoid probate and replace that impersonal, state-written, one-size-fits-all estate plan with one we design together for your unique circumstances and objectives. We even help you coordinate the beneficiary designations on your life insurance and retirement plans with your estate plan to avoid unpleasant, unintended consequences.
Probate
Probate and estate administration are the processes through which estate assets are transferred after death. Assets to be transferred under terms of a will go through probate.
There are many legal strategies involved in estate planning, including wills, revocable living trusts, irrevocable trusts, durable powers of attorney, and health care documents.
Finding and affording quality care on short notice can be stressful and draining. We can help you determine the best options for care and how to qualify for Medicaid to help finance them.
“We are so grateful for the recommendation to contact Petrosewicz Law Firm, PC to get us through our overwhelming situation. Norma was extremely helpful and patient in outlining our different options and answering the many questions we had. She was able to make comp licated scenarios easy to understand. Eventually we decided on what we wanted and Norma took the initiative and was very proactive navigating us through the whole process, making sure we completed/submitted everything, and taking care of any/all loose issues. She is very smart and also has a sense of humor, which is great when you're dealing with stressful situations.
Her group is highly professional and always friendly, answered any questions we had and any problems were brought to resolution with no delays. We will definitely keep in touch with Norma for any future issues that may come. Thank you Norma for all you and your group did for us.”
“Now that we have completed our estate planning, we wanted to thank you and your team for the exceptional work. Your patient, extensive time spent counseling us on smart options was most astute and creative. We also appreciated Benecia Flores’ patient tutoring in what the documents meant. The legal-speak can be confusing, and you both helped us understand not just the "what" but also the "why" of our documents and planning. Elizabeth Hernandez orchestrated the meetings, document signing and final deliverables ever so efficiently! Thank you all for your support.”
“Norma is kind, professional, and takes her time with her clients. She is willing to listen and has her clients' best interest at heart. I highly recommend her estate planning service.”
“We could not have been more satisfied with our estate planning experience. Norma is extremely knowledgeable and was very thorough in helping us understand the process and our options. She and her staff are professional, friendly and a delight to work with in every way. We give them our highest recommendation.”
“Jamie and I had the opportunity to use Norma for our family trust. She is very knowledgeable and can put your mind at ease. Our situation was very complicated in my opinion. We both finished knowing that we had made the right decisions. We both highly recommend her for estate planning.”
“Professional estate planning law office with a very friendly staff. Norma Petrosewicz is extremely knowledgeable on estate planning. So glad we used her to help with our wills. Highly recommend her for your estate planning.”
“From our very first Estate Planning session with Norma Petrosewicz, she made us feel so comfortable and at ease and yet confident in her being able to accomplish all our Estate goals. Norma has a unique ability to make her clients feel like they have been friends for a long time. Norma and her entire staff are very knowledgeable and capable of answering any questions a client might have. We have and will continue to recommend Norma to our family and friends because of the very positive experience we had.”
“Norma was invaluable in helping our family through the emotional task of probating my husband’s will. She along with her team were very professional, thorough and always kept us informed while walking us through the process with patience and compassion. Norma answered our questions, no matter how trivial and educated us on matters that allowed us as a family to make the best, informed decisions. I also feel a great relief in knowing that my estate planning is in complete order too.”
“When faced with family estate [ will ] planning and how to get things done so all issues are properly addressed, and loved ones are not left with that task at a very difficult time, it can feel like, and it is a daunting and emotional task.
My husband and I were very fortunate to be referred to the Petrosewicz Law Firm. Norma and her staff have walked us through every single small detail, of the different options and advantages to each option. To have such in depth knowledge, expertise and assistance at one’s disposal, of not only the legal but the accounting side makes a huge difference in all the planning and peace of mind. The Petrosewicz Law Firm has made the experience of estate planning a clear and painless process.
We highly recommend the Petrosewicz Law Firm to anyone trying to get “their house in order” without being overwhelmed by the entire process while receiving invaluable support along the way.”
