Bringing up your parents' estate plan may have seemed unnecessary to you for years. However, watching a co-worker muddle through intestate probate proceedings because their mother didn't leave a will might motivate you. Now you know you need to talk to your parents...
Sun City Estate Planning Blog
Why do people add no-contest clauses to their wills?
When you create an estate plan, you decide what legacy you leave behind when you die. Typically, people worry about providing for their loved ones and fairly distributing their assets. A will or estate plan outlines your last wishes and describes what should happen to...
Are Estate Executors Paid (And Who Pays Them)?
Maybe your parents or another family member asked you years ago if you would serve as their executor. Maybe a loved one who recently died didn't name anyone at all, but your family thinks you're the right person for the job. You know that there will be many hours of...
Who needs to worry about estate taxes in Arizona?
You need information about many different matters to craft your estate plan. You need up-to-date information about your assets and debts. You also need to understand the relationships you have with the people you love and that they have with one another. Estate...
Can I Be Named An Executor Of An Arizona Estate If I Live Out Of State?
When someone you love dies in Arizona, their estate is subject to Arizona state probate laws, regardless of where their family members and beneficiaries live. That means their estate will likely have to pass through the Arizona probate courts. Maybe this deceased...
Can Estate Planning Help With Nursing Home Costs?
No one wants to move into a nursing home as they get older. Most people would rather live independently or stay with family members as opposed to living in a communal facility in the care of strangers. However, when someone has pressing medical needs or experiences...
Recognize these 3 red flags in your estate plan
There are many times when an estate plan may not be as effective as it should be. Lacking key components or forgetting to add a specific asset into your estate plan can be problematic. The good news is that you can adjust your estate plan once you recognize the red...
Is Your Parentsʼ Handwritten Will Good Enough?
Many modern estate plans and last wills are computerized documents. Individuals either create them using a digital template or pay an attorney to create customized paperwork for them. However, especially if your parents are older, they may have a handwritten will...
3 reasons to be skeptical of the boom in digital last wills
The internet has revolutionized multiple industries. Information, services and even physical goods are often only a click away. Unfortunately, the internet can't do every industry justice. Although some people are quick to extol the benefits of digital estate...
Estate planning after The SECURE Act
Creating an estate plan typically involves balancing the wishes you have for your own legacy with the legal complications of an inheritance. The best estate plans typically leave detailed instructions for an executor and consider not only personal property and family...