Since Arizona is one of the most popular places to retire in the U.S., we have no shortage of senior living or “55+” communities. Whether you chose your community because you wanted to be able to play golf every day or simply to downscale to a small condo with little...
Assisting Clients In Achieving Success By Providing High-Quality Services
Estate Planning
Do you need to include a power of attorney in your estate plan?
One of the primary benefits associated with planning for the future is that it provides you with the ability to protect your future interests. You have the right to have the final say over what happens with your property and your money after you pass, but you don’t...
Are heirs the same as beneficiaries?
When an individual passes, they leave behind their estate and parties who will have a pecuniary interest in the estate. Interested parties include beneficiaries, heirs and creditors. Creditors are easy to distinguish because they are the persons or entities to whom...
Can you keep your estate out of probate?
Creating an estate plan helps ensure your final wishes are carried out, and your loved ones have financial security. However, the probate process is a step between your passing and your beneficiaries receiving their inheritance. Depending on the size and complexity of...
How does a revocable living trust work?
Aside from wills, you could use other estate planning tools to accomplish various objectives, such as revocable living trusts. This legal option allows you to put your assets in a trust, legally entrusting your assets to another party if you ever die or become...
Are you too young to have an estate plan?
Estate planning is primarily associated with older individuals, people with adult children and high-value assets. However, an estate plan can protect anyone, including young people. It's never too early to draft one, provided you are of legal age to do so. Here is...
Are probate records public?
As executor, you have the honor of overseeing and settling someone's estate. Among your obligations will be to file the will and identify and compile a list of assets to distribute to heirs and pay creditors. However, some testators and executors may not realize that...
Important estate planning matters to discuss with loved ones
One of the most common reasons adults create long-term legal and financial strategies is for the purpose of deciding what will happen to their property after they pass. They may also want to have the final say over pressing medical needs, or they may want to create...
Creating a thorough asset distribution strategy
There may be a multitude of individuals who have plans to distribute wealth among loved ones when they pass on but remain uncertain of how best to handle the process. Asset distribution is a topic that remains a prevalent concern for many and there may be a variety of...
When is a trust a beneficial addition an estate plan?
When creating a strategy for the future, it is important to consider long-term needs, goals for one’s estate and even possible medical needs that could arise in the years ahead. For most Arizona adults, estate planning is done with the intention of having the final...