What Makes a Valid Will in Arizona
Wills aren’t just for the wealthy. They’re tools anyone can use to spell out how they want their stuff handled when they’re gone. Whether it’s your house, your car, or that old baseball card collection, a will lets you decide where it all goes. More than that, it’s a way to leave clear directions and […]
Do You Need a Pour-Over Will in Arizona
Planning ahead for what happens to your stuff after you’re gone isn’t always easy to think about. But for Arizona residents, it’s something that matters. One option many people overlook is called a pour-over will. It sounds fancy, but it’s actually a helpful tool when paired with a trust. If you’re putting together an estate […]
Trusts Versus Wills: What Arizona Residents Should Know
Choosing between a trust and a will is an important step in planning your estate. Each option has unique benefits and features that can shape how your assets are managed and distributed. Understanding both tools is crucial to make sure your wishes are carried out as you intend. Wills and trusts not only determine who […]
How to Update Your Will in Arizona
Ensuring your will reflects your current wishes is important for everyone. Life changes like getting married, having children, or buying property can affect your plans. Understanding how and when to update your will is crucial for protecting your loved ones. Identifying Why and When to Update Your Will Understanding when to update your will is […]
Estate Planning Deeds | What You Need to Know
WHY THE DEVIL IS IN THE DETAILS OF A JOINT TENANCY WITH RIGHT OF SURVIVORSHIP DEED – AND PROBLEMS TO EASILY AVOID. Preparing the correct estate planning deeds when you create your will or trust is vital to avoid problems with the transferring of joint property. During the ongoing pandemic we have found that some […]
Estate Planning for COVID-19 | Estate Planning in AZ
Should You Create or Update Your Estate Plan During the COVID-19 Pandemic? We are living during and through what most likely will be considered an historic infamous global event, not unlike past global pandemics or even world wars. So should you change your estate plan because of the COVID-19 pandemic? Because of COVID-19 and the […]
The SECURE Act Tax Law Changes in 2020? | Estate Planning Attorney
The SECURE Act. An Understanding of the Tax Law Changes in 2020 and Your Estate Planning. This is the time of year we all start going through an annual ritual called taxes. Our W-2’s have been received, 1099’s are coming, K-1’s are being finalized, and April 15th is fast approaching. Have you thought about your […]
Sending a Child to College – Pack an Estate Plan | Estate Planning Attorney
If You are Sending a Child to College – Pack an Estate Plan. This is an exciting time of the year for many families sending a child off to college. Whether you are sending your first child to college or your last, don’t forget to pack an estate plan. A common misconception about estate planning […]
Do You Really Trust Your Successor Trustee? | AZ Estate Planning Attorney
Do You Really Trust Your Successor Trustee? In your estate planning who you pick as the successor trustee of your family trust is an important decision that shouldn’t be taken lightly. A trustee is the manager of the instructions, contained in a family trust. During your lifetime, the grantor (person creating the trust) usually will […]
How Does the Tax Cut Affect Your Estate Plan? | Estate Planning Attorney
The Tax Cut and Jobs Act of 2017: How Does it Affect Your Estate Planning? [su_spacer size=”20″] Late last year, Congress finally passed the much anticipated tax reform bill, the “2017 Tax Act,” which provides many significant changes to income tax laws, but also to estate planning and gift taxes. As with any new tax […]
Estate Plan Taxes | Estate Planning Attorney
What Does a Trump Presidential Victory Mean to My Estate Plan and Estate Taxes? Regardless whether you lean towards the political left or right, the results of the 2016 Presidential and Congressional elections will result in changes to our current estate and gift tax laws. Since 2013, when the last major estate and gift tax […]
What Type of Last Will and Testament Should I Have? #EstatePlanningAttorney
Estate planning has a couple of constants and always will. The first is changes in your family and circumstances will always happen. Whatever plan you put in place will, over time need to be adjusted and changed based upon various factors such as state or federal law changes, tax law, family, assets, relationships with the […]