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It's no secret that the estate planning process can be scary. It requires you to contemplate your own passing, and it forces you to take a hard look at your assets and your estate's financial health. This is enough stress to cause most people to procrastinate when it...
Previously on this blog we have discussed certain estate planning tools that can be utilized to address issues that are less often thought of during the estate planning process. While most people are familiar with wills and trusts and will use one or a combination of...
Many Arizonans put off estate planning until it's too late. There are many reasons this occurs, but one of the most prevalent is the fact that most people simply want their spouse and their children to inherit their estate. However, depending on the circumstances at...
If you've been a reader of this blog, then you know that estate planning has many elements. Most people realize that wills and trusts make up a significant portion of an estate plan, but they are not by any means the documents that are needed in order to ensure that a...
Estate planning can be as simple or as complicated as is necessary to meet an individual's identified needs. For some, a basic will with easily understood provisions is enough to bring their estate planning goals into reality. Others, though, require much more...
It is natural for pets to feel like members of the family. Therefore, it makes sense to prepare accommodations for your furry companion as you develop an estate plan. You may not realize you need to include a pet in your will, especially if you are still fairly young....
There are two major traditional estate planning vehicles that most people utilize: the will and the trust. Each has its own advantages, and many people utilize some combination of both. This week on the blog we want to take a closer look at wills and the benefits they...
Recently on the blog we discussed how to handle hard assets such as heirlooms during the estate planning process. This can be a tricky subject to address, as it can involve multiple parties, each with their own interests. Many people who engage in estate planning try...
Trusts are common tools used in estate planning and can be utilized to distribute assets with certain conditions attached to them. For example, assets maybe left to a beneficiary with strict rules that the proceeds of the assets contained within the trust can only be...
The probate process is something often affiliated with estate planning. Most people who think of probate don't really know much about it except that they want to avoid it. We hope that this post will help clarify the informal and formal probate process, as well as...
