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

September 2018 Archives

Need competent estate planning? Look no further

A few weeks ago on the blog we discussed Aretha Franklin's estate and how it was not subjected to any wills or trusts. In short, Franklin neglected to engage in estate planning of any sort. This may leave her considerable estate open to dispute as well as increased taxes. This is something that everyone should want to avoid, including those living in the Sun City area.

Potential setbacks of doing estate planning on your own

There are numerous online resources available now that promise to make it easy to create wills and other essential legal documents. However, it is critical to remember creating an estate plan is one of the most important things you will do for your family. You need to get it done right, and that is why most people will want to avoid handling such complicated matters on their own.

A primer on the probate process

People who talk about estate planning often talk about the probate process. Generally speaking, the probate process is one where a court appoints someone to administer an estate after an individual's passing. This representative is then responsible for paying estate debts and ensuring that estate assets are distributed properly.

Ways to change a trust

While most people think of estate planning as a major endeavor, and it is to a certain extent; however, it is not a goal that is obtained and then forgotten about. Instead, estate planning should be something that an individual engages in on an ongoing basis. Failing to do so, in conjunction with changed circumstances, could result in unwanted and unintended consequences that leave an estate and its beneficiaries facing uncertainty.

Aretha Franklin's estate serves as cautionary tale

When done correctly, estate planning is rarely news worthy. However, when an individual, especially someone with notoriety or a large estate passes away without implementing the proper protectionary measures, the issue can certainly be worth talking about. This is because a lack of an estate plan can leave the assets within the estate susceptible not only to taxes, but also creditors. It can also open the door for familial disputes to arise, which can force the matter to go through probate court. In the end, this can cost a lot of time, money, heartache and result in a way that the deceased individual never would have intended.

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.

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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B.Moore Law Firm