The American Taxpayer Relief Act of 2012 (ATRA-2012) was enacted on January 2, 2013, effectively saving us from falling off the Estate & Gift Tax “Fiscal Cliff” that threatened us at the end of 2012. ATRA-2012 was a welcome relief for many families who worried that the estate and gift tax exemption would fall back to a $1.0 million exemption … [Read more...] about AB Trust Planning vs. Portability Under ATRA-2012 – To “B” or Not to “B”: #EstatePlanningAttorney
Estate Planning Lawyer
Estate Planning Lawyer: A Will Makes Your Passing Easier on Heirs
A frustrated son recently wrote into a well-known advice columnist, lamenting the fact that his father refused to create a trust based estate plan or even a will that would designate how his property and various businesses should be handled in the event of his passing. The son questioned whether such action was "selfish." Our Mesa estate … [Read more...] about Estate Planning Lawyer: A Will Makes Your Passing Easier on Heirs
Combating Financial Abuse of Elderly in Mesa
Over the course of the last century, the number of U.S. residents over the age of 65 has increased 11-fold, and according to the U.S. Census Bureau, the median age of our population is expected to continue to rise. Where 1 in 25 Americans was elderly in 1900, they now comprise 1 in every 8 residents. By 2050, we can expect that ratio to rise to … [Read more...] about Combating Financial Abuse of Elderly in Mesa
Arizona Estate Planning Lessons From James Gandolfini’s Death
When beloved actor James Gandolfini died unexpectedly at age 51 while on vacation this summer, it spurred a number of relevant discussions about estate planning. Our Mesa estate planning attorneys know that estate planning as a whole is treated as rather dull, dry material. However, in the down-to-earth Gandolfini, many of us saw a part of … [Read more...] about Arizona Estate Planning Lessons From James Gandolfini’s Death
A Living Will vs. a Simple Will: Which Do You Need?
Having a will is an important way to make sure that your final wishes are respected and carried out. Unfortunately, nearly three-quarters of Americans under the age of 34 say they don't have a last will and testament; more than 40 percent of Baby Boomers don't have one. Our Mesa estate planning attorneys know a lot of this has to do with the fact … [Read more...] about A Living Will vs. a Simple Will: Which Do You Need?
Should Avoiding Probate Be Your First Priority in Arizona Estate Planning?
Our Arizona probate attorneys realize that probate is a term that may bring with it fear into the hearts of many family members. Usually, it is because of horror stories they have heard or even experienced themselves with a loved one’s estate. Many advisors, non-attorney "trust mills," and even probate attorneys will tout the need to do proper … [Read more...] about Should Avoiding Probate Be Your First Priority in Arizona Estate Planning?