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...
trust & probate administration
Estate executor carries many responsibilities
There are many aspects to estate planning, all of which need to be carefully considered. Amongst those is choosing estate executors and trust administrators. These individuals are charged with managing either an individual trust or the estate as a whole, and they...
Two years after his death, Prince’s estate still not distributed
Although legal professionals like us tend to harp on the importance of estate planning, some individuals fail to take notice until something bad happens to them or their loved ones. Stories about celebrities can be illustrative, too, as is the case of former pop...
What does an estate executor do?
Arizonans who are either engaging in initial estate planning or revisiting an existing estate plan have a lot of important decisions to make. Not only do they need to consider how they want their assets to be distributed upon their death, but they have to be diligent...
Is the AB trust right for me? Part 2
Ideally, an individual will have an iron-clad estate plan in place before passing away. This would allow one's estate to be distributed according to one's wishes while at the same time avoiding unnecessary expenses. Yet, we all know that the ideal is rarely achieved,...
Navigating the probate process
As you go through the estate planning process in Arizona, you will find that in order for you to pass property to someone else through a will, the property may have to go through probate. The trust and probate administration process can be complicated, but there are...
How does probate work in Arizona?
When a person passes away, their belongings will need to be managed and distributed to their beneficiaries. In some cases, the court will need to appoint a personal representative of the deceased person's estate. This person will be responsible for distributing all...
What is “probate”?
As you start thinking about getting your affairs in order, you may hear people talk about "probate," or the legal way to transfer property after death. Learning the basics of trust and probate administration can help you easily navigate the estate planning process in...
Hugh Heffner’s estate – who gets what?
People of all levels of wealth need to create a plan to distribute their assets upon their death. Hugh Heffner, the founder of Playboy Magazine who recently passed away, used estate planning to ensure his loved ones were taken care of when he passed away. At...
Who will get my house when I pass away?
Older adults have a lot on their minds, from preparing for retirement to getting their affairs in order. Determining who will get the house when they pass away is a major concern for many retiring adults. Generally, there are two possible estate planning options: sell...

