My AZ Legal Team, Author at My AZ Legal Team, PLLC

What are the Different Kinds of Trusts for Estate Planning?

What are the Different Kinds of Trusts for Arizona Estate Planning? If you are handling your estate planning needs, you need to familiarize yourself with the different kinds of trusts. There are two different kinds of trusts used to help with estate planning. These are living trusts and testamentary trusts. Your attorney will review your […]

Bankruptcy Overview: The Purpose, The Chapters, The Automatic Stay, & The Discharge

The Purpose The bankruptcy process exists for the purpose of giving individuals and in some circumstances businesses the opportunity for a “fresh start” free and clear of antecedent debt where other options have failed or are not available. As the U.S. Supreme Court stated in Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934), Bankruptcy […]

Estate Planning Essentials 2018

In Arizona, there are five (5) main estate planning documents that comprise an estate plan. The documents are (1) a Will, (2) a Trust, (3) a Durable General Power of Attorney, (4) a Healthcare Power of Attorney and (5) a Living Will. A proper estate plan will result in paying the least amount of estate and […]

August 7, 2018
By My AZ Legal Team
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Setting Up a Special Needs Trust

Setting Up A Special Needs Trust If you are taking care of your estate planning and you want to leave part of your estate to someone who has special needs, you need to do this in a special way and use caution. An estate planning attorney will help you handle this aspect of your estate, […]