Moore Law Firm

Moore Law Firm

9949 W. Bell Road
Suite 201
Sun City, AZ 85351
Contact Us For A Courtesy Consultation
623-207-9153

Estate planning: how to avoid losing an estate

When done correctly, estate planning can help protect assets in a way that ensures that heirs and beneficiaries are able to retain as much of the estate's wealth as possible. This may mean utilizing wills and trusts to direct asset distribution upon death, but it may also mean choosing estate planning tools that minimize risks, costs and taxation. However, there are other issues that may arise that threaten the financial viability of an estate, even one's that are protected by a strong estate plan.

One event that can quickly derail an estate plan is an unexpected lawsuit that is brought forth during a testator's lifetime. If successful, one of these lawsuits can quickly erase all, or at least a significant portion, of the assets that have been accumulated over time, which were meant to be handed down. This is not a problem solely for the rich, either, as those with less assets can be wiped out financially much more easily when a lawsuit is filed.

So, what can Arizonans do to ensure that their estates are fully protected? Besides engaging in standard estate planning, such as creating wills and trusts, individuals can consider ways to retain control over wealth without actually owning it. This can be achieved in a number of ways, such as by investing in limited liability companies, limited partnerships and foreign asset protection trusts.

These are comprehensive but complicated ways to approach estate planning. However, those who feel like they may be susceptible to lawsuits may want to further consider what they can do to protect their estates. The legal team at the Moore Law Firm stands ready to assist these individuals with considering and acting on the various estate planning options that are available to them.

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Client Testimonials

I got the family trust updated.
I was very pleased with the expertise and professionalism exhibited by your staff in serving my needs.

I needed to review my Will, recommended by my son.
Mr. Farrer’s expertise helped me realize that a Trust would better serve my needs.
The staff and Mr. Farrer were very professional and friendly (not cold). Thank you. Very comfortable atmosphere.

Our legal documents were outdated due to time and circumstances.
The staff at Moore Law Firm worked with us to develop a trust and other legal documents which meet our current as well as our future needs.
The staff at moore law firm were so professional, knowledgable and friendly to work with. They worked beyond to accomodate our needs. Thank you all.

Moore Law Firm
9949 W. Bell Road
Suite 201
Sun City, AZ 85351

Phone: 623-207-9153
Phone: 623-207-9153
Fax: 623-977-7237
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