Overview of Arizona Estate Planning Laws Estate planning is a dense but incredibly important piece of law. Quality estate planning can help individuals provide for their future and their family’s future in an efficient and sustainable manner. This blogpost will provide an overview of the important sources of law for Arizona estate planning and definitions […]
How to Prevent Family Fighting Over Estate The purpose of estate planning is multi-fold: estate planning designates the distribution of assets in accordance with your desires and prevents potentially disastrous family fights. The last thing you want upon passing from this plane of existence is to leave your loved ones embroiled in a nasty fight […]
Popular Myths About Living Trusts in Arizona There is plenty of misinformation online and offline when it comes to the subject of living trusts. Discuss living trusts with enough people and you will even stumble on some bald-faced lies. Let’s separate living trust myths from fact. Myth 1: Creating a Revocable Living Trust Bypasses the […]
Find Out Why You Need an Estate Plan Most people assume estate planning is a luxury strictly reserved for the rich. The truth is everyone requires an estate plan, regardless of age, occupation or level of wealth. Here’s why. A Plan for Your Wealth Whether you have millions of dollars and several properties or rent […]
Why Do People Choose an Arizona Durable Power of Attorney? Most vital healthcare decisions are made toward the end of life, when the ability to make competent decisions starts to dwindle. Rather than leaving important health choices in their own hands, elderly persons tend to consign medical decisions to those more qualified – like their […]
Arizona Wills and Trusts Regardless of the value of assets and possessions you want to leave, estate planning is of paramount importance. You can distribute assets in the best possible way and you can even help your heirs avoid certain taxes. A good decision is based on having enough information about the possibilities. Understanding the […]
Consequences of Dying Intestate in Arizona Good estate planning has to be focused and timely. Procrastination can have disastrous consequences for your heirs, which is why you have to determine how assets are going to be handled upon your death as early as possible. A common question Arizona residents have is what would happen if […]
Personal Representative of Estate in Arizona When you are preparing your estate, you need to familiarize yourself with Arizona estate planning laws. Choosing an executor, also called a personal representative, is an important part of getting your estate in order. The executor is either an entity or individual appointed by the Court to administer the […]
Role as Executor of Estate in Arizona Being nominated as someone’s executor in a Will is an honor, that means that individual held you in the highest regards. However, you need to carefully consider the position before deciding whether to serve in that capacity. It is a big responsibility and can be very time consuming. […]
Setting Up a Living Trust in Arizona If you are taking care of your estate planning in Arizona, you might want to set up a living trust. To make a living trust in Arizona, you must follow specific processes. You will need to create a trust document that lays out all the specific details regarding […]