If you have started looking into estate planning topics with the intention of creating or updating your will, you may have realized that avoiding probate seems to be the ambition of many when they plan their estate. Probate is a court-supervised process where a...
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What does it mean if someone passes away “intestate?”
Even those with the most minor amount of property and assets should seriously consider creating an estate plan. In fact, estate plans are only for asset division upon your death. They can provide security for your children in the form of assigned guardianship if you...
Understanding special needs trusts
When you have a family member or loved one with a mental disability or a condition that prevents them from overseeing their finances, a special needs trust can be a safe way to house assets for them to use in the future. What are the benefits of a special needs trust?...
Having a power of attorney is essential for estate planning
Estate planning is complicated. Conversations with loved ones about managing health and finances can be awkward and difficult to initiate. But they are essential for prudent estate planning and controlling your legacy. There is ample work to do to bring the United...
4 things to consider when choosing a trustee
When you create a trust for your inheritance, you will need someone to manage it when you’re gone. This trustee will take care of your assets and follow your instructions to distribute them to your heirs. But what makes a good trustee? You want someone who will make...
Choosing the right people to make decisions for you
When drafting an estate plan in Sun City, you may have some tough decisions to make. Aside from how you want your property split upon your death, you need to decide on the people you want left in charge. Some of the documents in your estate plan have to do with...
Revoking a power of attorney
As you likely know, there are dozens of legal and financial decisions to make over the course of a lifetime. If you are healthy and mentally fit, making your own decisions probably makes sense. Of course, it is not hard to imagine a scenario in which you may be...
How to circumvent family conflict with your estate plan
One of the most important things parents leave behind for their children is an estate plan. However, these documents can serve as sources of tension for many families if carried out the wrong way. While there are no guarantees, individuals can take steps to reduce the...
Tips for choosing a power of attorney
Arizona law allows you to designate someone to make health care and financial decisions on your behalf by executing a power of attorney. The person you choose makes important choices for you under certain circumstances, such as if you are in a vegetative state after a...
Estate planning considerations as you enter a second marriage
There are numerous situations that can arise in life that may warrant you taking a second look at your estate plan, and entering into a second marriage presents one such circumstance. Anytime your family changes, whether because of divorce, a new child or what have...
