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Let us say your uncle named you as the executor, or personal administrator, of his estate. Uncle Joe passed away unexpectedly, and you are suddenly in charge of winding up his affairs. This is a serious responsibility, and you can be considered liable for any...
Recently, Stan Lee, the comic book mogul best known for creating much of the Marvel universe, passed away at the age of 95. Lee's 68-year-old daughter is his only surviving family member, as his wife had proceeded him in passing. Now, many are considering how the...
Readers of this blog know that it is important to plan for the future. They also know that there are many aspects to estate planning. While much of the focus is on figuring out how to distribute assets upon one's death, there are also healthcare decisions that must be...
It doesn't take a scientist or skilled financial planner to realize that estate planning can be tricky. After all, individuals are forced to think about their own mortality and make financial decisions that can have a major impact on the lives of others. In many...
Recently, this blog discussed estate planning in blended families. This post helps highlight the importance not only of initial estate planning, but also modifications of existing estates. After all, life changes all the time, and many of those changes can drastically...
Whether you have lost your former spouse to death or divorce, remarrying often brings hope and happiness into your life again. Of course, it comes with its own challenges, especially when you each have your own children from previous relationships, but it is possible...
Some people spend a lifetime saving and obtaining assets. When you boil it down, estate planning is about retaining control over your assets even after you pass away. For many Arizona residents, this means figuring out a way to best provide those assets to loved ones...
There have been a number of famous people pass away lately, and each one has left a story to tell about how they chose to handle their estate. A few months ago, for example, we discussed how famed singer Aretha Franklin neglected to engage in estate planning, thereby...
Planning can be challenging for some, whether it is making plans for the weekend, next month, next year or at the end of his or her life. Estate planning can be an intricate process that allows you to dictate every detail of how your estate will be handled upon your...
Estate planning encompasses a lot of different things. For some, estate planning is nothing more than creating a basic will. For others, the process is more about preserving their legacy. This highlights one of the most important things about estate planning: it is...
