Moore Law Firm

Moore Law Firm

9949 W. Bell Road
Suite 201
Sun City, AZ 85351
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wills Archives

What happens to your digital presence upon death?

As you get older, you may start preparing various estate planning documents. You may decide to create a trust to put aside money for your children's future or create a will to distribute valuable assets to family members. However, tangible assets are not the only thing you should be concerned with as you approach estate planning. Experts advise that you should also make a plan to handle your social media accounts and digital presence.

Your beneficiaries need to prepare for their inheritance

As parents start the estate planning process, they will often leave some money to their children in their wills. However, simply bequeathing money to your children in your will is not enough. You will need to talk to your children about how to get the money, how to minimize inheritance taxes and other inheritance issues.

Over 50 percent of Americans lack an estate plan

Despite constant warnings from financial experts, many Arizona residents continue to underestimate the importance of an up-to-date estate plan. A recent survey found that over 50 percent of Americans do not even have a basic estate plan in place. Many of these people continue to believe that estate planning is a way to avoid taxes for those who are older and wealthy. Others refuse to think about the fact that we will all eventually face death. However, estate plans are essential for people of all ages and levels of wealth and require us to think about a variety of unlikely, and possibly depressing, scenarios.

Can you simplify finances to make things easier for relatives?

As we begin to get older, particularly as we enter our 50s, it becomes even more important to organize our finances and prepare for the future. Drafting a will, creating a trust and drafting other parts of an estate plan require us to make sure our finances are in order. By becoming more organized we can save ourselves and our beneficiaries from a stressful situation.

Estate planning requires more than just a will

Many Sun City residents assume that the only estate planning they need to do is deciding who gets the family home, or other important assets, once they pass away. While writing a will is a crucial part of the estate planning process, it is far from being the only part. In addition to dividing up your assets after death, you also need to make sure you take care of yourself while you are alive. For example, some people suffer illness or injuries that make it impossible for them to make the necessary plans.

If I die without a will, who gets my stuff?

Estate planning experts constantly remind us that we should create a will as soon as possible in order to avoid dying without a will. It is important to understand why they say this. If you die without a will, Arizona's intestate laws will determine how your property will be distributed to your heirs. If you do not have any relatives, the state will take possession of the estate. That is why having a will is essential, particularly for unmarried couples.

Wills are not only for the wealthy

One of the biggest misconceptions people have about estate planning is that it is only for the wealthy. However, even people with only a few assets should create a will to settle their estates upon their death. Creating a will is not for your benefit, but rather for the benefit of your loved ones.

Avoid these estate planning pitfalls

As you start thinking about the future, you may start to plan the distribution of your property to your beneficiaries when you pass away. However, many people make the mistake of ignoring seemingly small or insignificant pieces of personal property. If you want your family to divide up your assets peacefully, you need to avoid these mistakes as you draft your will and other estate planning documents.

How can I make sure my will is valid?

Before one passes away, they need to make sure their family is taken care of financially when they are gone. To do this, they should consider drafting a will to legally distribute their assets to their loved ones in a legal way. But, creating a will is not as simple as writing down who gets what. They must follow the rules in the state to make sure the will is valid.

Client Testimonials

I got the family trust updated.
I was very pleased with the expertise and professionalism exhibited by your staff in serving my needs.

I needed to review my Will, recommended by my son.
Mr. Farrer’s expertise helped me realize that a Trust would better serve my needs.
The staff and Mr. Farrer were very professional and friendly (not cold). Thank you. Very comfortable atmosphere.

Our legal documents were outdated due to time and circumstances.
The staff at Moore Law Firm worked with us to develop a trust and other legal documents which meet our current as well as our future needs.
The staff at moore law firm were so professional, knowledgable and friendly to work with. They worked beyond to accomodate our needs. Thank you all.

Moore Law Firm
9949 W. Bell Road
Suite 201
Sun City, AZ 85351

Phone: 623-207-9153
Phone: 623-207-9153
Fax: 623-977-7237
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