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Planning for the future is important, and setting up a living trust is a smart way to protect your assets and ensure your loved ones are taken care of. A living trust allows you to manage your estate while you're alive and after you pass away. This legal arrangement can help you avoid probate, reduce estate taxes, and keep your financial matters … [Read more...] about Setting Up a Living Trust in Arizona: What You Need to Know
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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 ever … [Read more...] about Estate Planning for COVID-19 | Estate Planning in AZ
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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 estate planning … [Read more...] about The SECURE Act Tax Law Changes in 2020? | Estate Planning Attorney
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Managing a Trust or Probate Administration While Living Outside the State of Arizona. As Arizona probate administration attorneys we receive many calls from individuals who do not live in Arizona, but have been nominated to serve as either a Trustee or Personal Representative. We live in an ever-increasingly mobile society. Because of this … [Read more...] about Probate Administration from Outside Arizona | Probate Administration Attorney
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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 be the … [Read more...] about Do You Really Trust Your Successor Trustee? | AZ Estate Planning Attorney
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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 law, we strongly recommend … [Read more...] about How Does the Tax Cut Affect Your Estate Plan? | Estate Planning Attorney
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