#265: Estate Planning Through the Lens of Asset Protection with Rodney Hatley, Navy Veteran

Service Academy Business Mastermind

“This is National Estate Planning Awareness Week. If you don’t have any planning in place, I’d encourage you…to meet with an estate planning attorney, understand what your options are, and put something in place sooner rather than later.”-Rodney Hatley, Navy Veteran

Rodney Hatley is a former U.S. Navy Judge Advocate General (JAG) and the Founder of Hatley Law Group. As an estate planning attorney, Rodney protects successful individuals and families through estate planning strategies that eliminate taxes and safeguard assets. Hatley Law Group partners with their clients to protect everyone they love and everything they own. In addition to foundational estate planning, they offer advanced strategies to eliminate, or greatly mitigate, estate, generation-skipping transfer (GST), and gift taxes as well as domestic or offshore asset protection trusts.

In this episode, we discuss:

• Rodney’s time as a Navy JAG and his personal experience dealing with his father’s will
• The different components of an estate plan and how they differ from a will
• Special nuances business owners and investors should consider when creating their estate plan
• The lessons Rodney has learned over his 27-year career as an attorney
• How Rodney helps his clients organize all of the information related to their estate

Rodney explains that the typical estate plan can include a living trust, pour-over will, power of attorney, advanced healthcare directive, and HIPAA authorization. For those with business assets, membership interests, or shares of stock, he encourages that everything be tied back to the individual’s living trust. Thank you, Rodney, for sharing your estate planning expertise with us during National Estate Planning Awareness Week!

Connect with Rodney:

• LinkedIn
• Hatley Law Group
• [e-mail]

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Special thanks to Rodney for joining me this week. Until next time!

-Scott Mackes, USNA ’01