Moore Marsh Law

Moore Marsh Law

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

March 2019 Archives

Transfer on death accounts may play important role

Many Arizonans share accounts with a spouse or other loved one. While these accounts can become subject to legal proceedings like divorce, they can also play a pivotal role in estate planning. Generally speaking, a jointly-held account will transfer to the other owner upon one owner's death. But what happens when that second owner passes away? Without an estate planning document to dictate that, the assets in that account may be subjected to the probate process. This can be costly, time-consuming, and leave assets vulnerable to claim by those who the deceased may not have wanted to be involved.

Lack of a basic will can have a profound impact

Wills are usually the most basic form of estate planning. They can be relatively simple in nature and easy to create for Sun City residents. Yet, a 2017 survey found that 58 percent of Americans have not created any estate planning documents. This is a staggering number, especially considering the grim reality that the assets of many of these individuals may be passed down in a way that is counter to the deceased individuals' wishes. This can cause significant financial hardship for those who may have been an intended heir but was not accounted for in an estate plan.

Addressing a business in an estate plan

Generally speaking, the more assets an individual has the more detailed his or her estate plan needs to be. The same holds true when there are multiple heirs in play. While most people focus on divvying up their personal property, familial home, and bank and retirement accounts, others need to consider matters such as what to do with a business. If this matter isn't appropriately addressed, a business can be susceptible to poor ownership and management.

Fashion icon may have created pet trust for beloved cat's benefit

Pets can become an integral part of our families. Millions of Americans treat these animals like their own children, pampering them and providing them with the utmost care. While humans have a longer life expectancy than most pets, oftentimes owners pass away before their beloved pets. So, in these circumstances, who is left to care for the deceased individual's animal?

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 Marsh Law 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 Marsh Law were so professional, knowledgable and friendly to work with. They worked beyond to accomodate our needs. Thank you all.

Moore Marsh Law
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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