Faith, Ledyard & Faith PLC
888-350-8767 623-806-8994
view our practice areas In the section

Wills Archives

People still aren't doing their estate planning

Have you ever heard that most people have never done their estate planning or written a will? It's a concern that experts have expressed for quite some time, seeing as how everyone will eventually pass away and need an estate plan. That makes it feel like something that 100% of people should do, and yet the statistics have always painted a bleak picture.

One reason people don't write wills

You have never written a will. When you ask your friends, most of them haven't done it either. They all say that they need to, and they express remorse that they haven't done it, but the reality is still clear: You're not alone. People often do not do any estate planning.

What is a partial disinheritance?

Disinheritance means, in the most general sense, that you are leaving someone out of your will. They expected to get an inheritance from you -- often, this person is a child -- but your estate plan gives the money to others.

60 percent of Americans have never done this

Do you think that at some day in the future you will need to pass your assets on to your heirs or other beneficiaries? Of course, the answer is yes. We are all going to pass away eventually and we need to transfer our wealth -- no matter how much or how little we have -- to someone else.

Why should you review your estate plan?

Do not make the mistake of assuming that your estate plan will stand forever just because you finally got it down on paper. This is not a one-time event. It's important to periodically review your plan and make alterations to ensure that it still fits with what you need it to do.

3 things to remember when writing a will

The best plans of mice and men don't always work out when it comes to estate plans. This is primarily because the person who creates an estate plan is not always the most skilled at doing it. He or she might not even have any of the requisite training for creating a legally sound and viable will. To avoid a serious problem with your estate plan after you're gone, here are three things you might want to think about:

Basic facts about wills in Arizona

Your will is the final message you'll leave to family members, and it dictates how your estate and other affairs should be handled after you die. Since every state has different rules and regulations that apply to the creation and signing of wills, let's take a closer look at what Arizona law requires for this vital estate planning document:

  • Lead Counsel Rated LC
  • Paul Faith David Ledyard Distinguished AV | Peer Review Rated | LexisNexis Martindale-Hubbell | For Ethical Standards & Legal Ability
contextual

919 North Dysart Road
Suite F
Avondale, AZ 85323

Toll Free: 888-350-8767
Phone: 623-806-8994
Avondale Law Office Map