There are many reasons why it makes sense to have an attorney review your will. If you don’t have someone look it over, you may make mistakes that could invalidate your will and make it less protective than you’d hoped. To make sure your family doesn’t face unexpected...
Estate Planning
These assets do not belong in your will
A will is the cornerstone of any estate plan. It lets you outline what you wish to happen to your assets when you pass on. Basically, a will lets you state who will get what when you pass on. It also lets you designate a guardian for your minor child. However, it is...
Avoid these common estate planning mistakes
Creating an estate plan is a responsible step to take. It protects you and your family and ensures your wishes are carried out when you pass away. Unfortunately, there are a lot of mistakes to be made. If you don’t know what these mistakes are, you may make them in...
Does your estate plan protect your legacy from taxation?
Throughout your life, you will pay taxes on all of the money you earn and much of the property you acquire. Your tax obligations don't end when you die. The executor of your estate will have to file a final tax return on your behalf after your death. Your estate could...
A closer look at two key benefits of estate planning
Estate planning is a topic that can make people feel uncomfortable. In a way, this is understandable, as much of the estate planning process involves a discussion about what should happen if you become incapacitated or when you die. There is far more to the process...
3 reasons why an attorney review of your will makes sense
There are many ways to create a will in Arizona. You might handwrite the document yourself to ensure that people can authenticate it later. You might use software instead to help you create a more formal document. In either scenario, drafting your will on your own is...
Can you stop creditors from taking an inheritance?
You know that one of your heirs struggles with their spending habits. They have a lot of debt, and they have creditors who are constantly trying to get that money back. Maybe it's just credit card debt, maybe they have bad business loans or maybe it's something else...
What can a will do for you?
Many people fall into the trap of believing that estate planning is not relevant to them. Perhaps they think that they are too young to think about it, or maybe they are of the opinion that estate planning is only for wealthy individuals. In any case, they are...
Can your adult child inherit your home in a retirement community?
If you live in one of the many luxury retirement communities here in Arizona, your adult son or daughter may have remarked more than once that they wish they could live in such a lovely area. So as you’re preparing to create your estate plan, you may wonder if you can...
Why should you avoid probate in your estate plan?
When making plans to distribute your estate, you want something pretty straightforward and uncomplicated. Additionally, you want your estate to be distributed to your beneficiaries in the shortest time possible. Therefore, you should consider methods that will help...